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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The company claims that its biggest investors is taking steps to seize control, oust the board and find a buyer.
November 25 -
An Indiana bank is looking to complete the first outright purchase of a credit union since the financial crisis. Though hurdles exist, some industry observers say more such deals are doable.
November 19 -
First Bank of Berne has agreed to acquire Adams County Credit Union, turning the tables in a year in which 14 credit unions have announced deals to buy banks.
November 14 -
Banks are putting more effort in deposit gathering and fee-based products to offset thinning margins and increased payoffs by small-business clients.
November 13 -
The Pennsylvania company gained $67 million in assets under management as part of the acquisition.
November 12 -
The company, which plans to become Altabancorp, said the initiative removes brand confusion and puts its size and scale on display.
November 12 -
Most consumers, even those in rural communities, have become accustomed to digital services. That's something certain community banks better face up to, panelists at the ABA conference said.
November 10 -
The FDIC ordered the Seattle bank to pay a nearly $1.4 million fine tied to improper agreements with real estate brokers and homebuilders.
November 6 -
Recent closings could portend a stiffer regulatory stance on capital adequacy and risk.
November 5 -
Panelists at the ABA's annual conference said that reviewing and updating procedures and marketing tactics can help bring in more accounts.
November 1
