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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People's United in Connecticut is letting the loans run off its books as it invests in higher-yielding commercial loans.
January 17 -
Following a 44% jump in the number of CU-bank acquisitions in 2019, some observers believe the volume could plateau this year.
January 17 -
While the Maryland company claimed it has margins and credit issues under control, it couldn't provide any clarity on rising legal expenses.
January 16 -
Executives at Beach Community want to pursue more acquisitions in central Florida.
January 16 -
The Wyoming-based credit union will gain about $100 million in deposits as a result of the deal.
January 14 -
Blue Federal Credit Union in Wyoming will also gain about $100 million in deposits.
January 14 -
Driver Management wants shareholders of Community Bankers Trust to push the Richmond company to find a buyer.
January 14 -
Even in the face of soft loan demand, banks in the region have held firm on terms. That should position them well for the next economic downturn.
January 9 -
The company, which has agreed to buy Marquis Bancorp, could use some of the proceeds to fund growth and pay off a line of credit.
January 7 -
Tom Lopp abruptly suspended a program that accounted for 83% of Sterling Bancorp's mortgage production this year. An ongoing audit of the program and pressure to diversify beyond mortgages are reasons to watch Lopp and Sterling in 2020.
December 27
