Joseph Kellard

First Mid-Illinois Bancshares in Mattoon has agreed to buy First Clover Leaf Financial in Edwardsville, Ill.

Citizens National Bancshares of Bossier in Bossier City, La., has named Jason Smith, an executive vice president at subsidiary Citizens National Bank since 2008, as its president and chief executive.

Low-income CUs that need support to grow, train staff and improve security can apply for assistance grants through the agency's Community Development Loan Fund.

Sanford Weill, the retired chairman and chief executive of Citigroup, and his wife, Joan, have pledged $185 million to the University of California at San Francisco to create a new research center.

ONTARIO, Calif. -- CU Direct has become the latest organization to take an ownership stake Members Development Co., the firm announced in a Tuesday news release.

Banner Corp. in Walla Walla, Wash., reported higher quarterly profit that reflected its purchase of AmericanWest Bank.

U.S. Century Bank in Miami has been freed from a regulatory consent order that had restricted its activities for nearly five years.

Simmons First National in Pine Bluff, Ark., plans to close 10 banks across four states by the end of the second quarter: three branches in Arkansas, four in the Missouri and Kansas region and three in Tennessee.

A video of the March 2016 open meeting of the National Credit Union Administration board was posted on the agency’s website Friday.

Royal Credit Union placed second among dozens of entrants in the inaugural NACHA Challenge at Payments Conference 2016 in Phoenix on April 20.

The Fed's December interest rate hike helped PrivateBancorp's first-quarter profit, as yields rose on its variable-rate loans.

The Pleasanton, Calif.-based credit union said in a news release Thursday that it has reached $5 billion in assets and 300,000 members in 2016.

M&T Bank in Buffalo, N.Y., has expanded the job responsibilities of René Jones, its chief financial officer and vice chairman, while at the same time naming a new CFO.

Virtual StrongBox has secured another patent for its digital safe-deposit boxes and encryption technology for secure stored data.

Two St. Louis-area investors have been indicted on charges they defrauded the failed Excel Bank on real estate loans.

SRP FCU in North Augusta, S.C., named an executive from one of the nation's largest credit unions as its next president and chief executive.

Ingenico Group has begun offering tools to address some of the complex challenges in developing EMV-enabled mobile point of sale applications.

Farmers Bank in Frankfort, Ind., has named a new chief executive, after its previous leader died of cancer.

Richard Krauland will retire later this year as chief executive of NexTier Bank in Butler, Pa., after leading the institution through two mergers and name changes.

Florida Credit Unions Shared Services announced a $602,776 patronage rebate and dividend to its participating CUs and stockholders in 2015.