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The National Credit Union Administration issued three prohibition orders in June, barring those people working for any federally insured financial institution.
July 1
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Langley Federal Credit Union in Newport News and Virginia Beach Schools Federal Credit Union would serve more than 300,000 members after combining.
July 1 -
The National Credit Union Administration closed the New Jersey credit union after determining it engaged in unsafe and unsound practices.
July 1 -
HoldCo Asset Management opposed the $900 million deal, arguing that Boston Private failed to consider other potential buyers and did not attract an acceptable price.
July 1
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The Fed’s decision to extend a key liquidity program keeps the prospect of additional Paycheck Protection Program loans alive through July 31.
July 1 -
Banks such as Santa Cruz County Bank are now trading shares over the counter to capitalize on investors' bullish outlook for small lenders.
July 1
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U.S. retail customers who said their primary bank met their needs for guidance gave it much higher grades, according to J.D. Power’s annual survey.
July 1
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A congressional resolution that invalidates the regulation issued last fall by the Office of the Comptroller of the Currency would help regulators crack down on so-called rent-a-bank schemes that promote predatory lending, the president said before signing the measure.
July 1
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President and CEO Doug Fecher is leaving after a 20-year tenure.
July 1
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Ron Collier, who has served as the $2.8 billion-asset credit union’s president and CEO for 18 years, will step down on Dec. 31, 2022.
July 1
