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There are no provisions in a new NCUA plan that outright bar credit unions from leveraging subordinated debt to acquire a bank. The long-awaited rule on bank purchases, also released Thursday, merely clarifies existing regulations rather than adding new components.
January 23 -
Regulators already finalized a rollback of the proprietary trading ban section of the rule but signaled then that their overhaul was not finished.
January 23 -
The National Credit Union Administration plans to unveil new capital proposals on Thursday. It's a given that bankers won't like them, but credit unions could also find themselves disappointed.
January 22 -
The National Credit Union Administration plans to unveil new capital proposals on Thursday. It's a given that bankers won't like them, but credit unions could also find themselves disappointed.
January 22 -
The company will pay $29 million for Virginia Bank Bankshares.
January 21 -
The company will pay $24 million in cash for Central Federal Bancshares.
January 17 -
Organizers of First Women's Bank have also filled two key executive posts.
January 15 -
On Sep. 30, 2019. Dollars in thousands.
January 13 -
Organizers of Founders Bank in Washington still need to raise at least $25 million before opening.
January 10 -
The Pennsylvania company will pay $80 million for the parent of USNY Bank.
January 9