Ken McCarthy is a reporter at Credit Union Journal, and a former reporter for American Banker and S&P Global Market Intelligence.
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MVB in West Virginia will gain a 47% stake in the partnership in exchange for contributing its mortgage unit's assets to the new company.
March 3 -
The San Diego bank is struggling to renegotiate a partnership with the tax preparation firm to address caps on interchange fees.
March 3 -
Credit unions could be feeling some of the heat from critics of their bank takeovers, or simply gearing up for another round of activity.
February 28 -
Credit unions could be feeling some of the heat from critics of their bank takeovers, or simply gearing up for another round of activity.
February 27 -
Organizers of Gulf Atlantic Bank must raise $12 million in capital before opening.
February 25 -
WSFS, in an effort to catch up with bigger rivals, plans to upgrade digital channels in three years instead of five.
February 24 -
Zember abruptly resigned as CEO of Ameris Bancorp last summer.
February 20 -
David Brager, the California company's sales division manager, will replace Christopher Myers on March 16.
February 20 -
Clearer standards make it easier for shareholders to boost their stakes in banks without having to file for bank holding company status.
February 18 -
Ken Karels will be succeeded by Mark Borrecco, who had been CEO of Rabobank's U.S. bank.
February 11
