Ken Payne is president and CEO of Freedom Credit Union in Provo, Utah

Ken Payne

President and CEO

Ken Payne is president and CEO of Freedom Credit Union in Provo, Utah

Tax exemptions

If large credit unions are taxed, small CUs will pay the price

Amid a push to re-examine the tax status for large credit unions, let's look at the reality of the benefits they provide to CUs a fraction of their size.

By Ken Payne

September 21

TRENDING

M&A

Hope Bancorp to buy Hawaii bank in $79 million deal

The Los Angeles-based company, which focuses on Korean Americans, said the acquisition of Territorial Bancorp will allow it to expand its customer base.

By Catherine Leffert

4h ago
Failures

Fulton details Philly boost it's getting from Republic First takeover

The first bank failure of 2024 will result in the Lancaster, Pennsylvania-based Fulton nearly doubling deposits in Philadelphia, a market it has viewed as strategically important for several years.

By John Reosti

5h ago
M&A

UMB Financial to acquire Heartland Financial for $2 billion

The combination of the two regional banks is set to create a $64.5 billion-asset company with a 13-state footprint across parts of the Midwest, South and West.

By Allissa Kline

6h ago