Ken McCarthy is a reporter at Credit Union Journal, and a former reporter for American Banker and S&P Global Market Intelligence.
-
The New Jersey company said the issue, tied to insufficient validation procedures, did not lead to misstated financial results.
March 4 -
At least five banks have warned about the potential loss of tax benefits if it is proven that DC Solar operated an investor scheme.
March 1 -
Bank of Marin CEO Russ Colombo is tightening up pricing and terms, citing soaring real estate prices in markets like San Francisco.
February 28 -
Victor Karpiak stepped down as CEO of First Financial in 2013 after years of wrangling with a prominent activist investor.
February 28 -
Tiny banks are recording healthy returns by carefully managing expenses and credit quality.
February 25 -
Bankers are eager to expand there through M&A, de novos or other means, encouraged by strong employment and disruption created by recent consolidation.
February 21 -
Fairwinds Credit Union in Orlando is set to buy Friends Bank, the third time this year a Florida-based bank has agreed to sell to a credit union.
February 20 -
Fairwinds Credit Union's deal for Friends Bank marks the third time this year that a Florida bank has agreed to be sold to a credit union.
February 20 -
Central National Bank rebranded as Stride Bank to move away from a name with overused words.
February 19 -
Banks and credit unions are experimenting with ways to maximize margins in an environment where the yield curve is flat, depositors want them to pay up and they fear the Fed could actually cut rates.
February 13
