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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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 -
David Hanrahan had been CEO of Capital Bank of New Jersey, which was sold last year to OceanFirst Financial.
February 10 -
The company's new platform targets a narrow customer segment — frequent fliers.
February 6 -
Unlike other regions of the country, the western U.S. has seen very few large bank mergers in recent years. Here's why Pacific Premier's acquisition of Opus Bank could change that.
February 3 -
A fifth of U.S. banks may lack the stock multiples it takes to pursue acquisitions, so they're looking for other ways to improve results and deploy capital.
January 28 -
Timothy Crane is set to succeed Ed Wehmer as president, though Wehmer will remain the Illinois company's CEO.
January 28 -
Luis Massiani has been the company's chief financial officer since 2012.
January 27 -
Bask Bank will offer customers AAdvantage miles for every dollar saved.
January 27 -
The company, which just hired CEO Jay Sidhu's son to groom as its next chief, had been holding itself back to avoid caps on interchange fees.
January 23 -
Terry Turner at Pinnacle Financial says big banks in the city, including Truist Financial and Wells Fargo, are "vulnerable" to new competitors.
January 22 -
Pushback from banks, a smaller pool of sellers and potential regulatory hurdles could pose setbacks for credit unions this year.
January 20 -
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
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