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Some institutions may want to consider self-insurance to lower expenses as the coronavirus cuts into earnings.
June 15CU Benefits Alliance -
PNC open to deal that would boost assets to $700 billion; banks take hard line against accountants seeking fees for PPP referrals; rush to online banking during coronavirus has hackers salivating, bureau says; and more from this week's most-read stories.
June 12 -
Credit unions are once again opposing language in draft legislation of the 2021 National Defense Authorization Act that would allow banks to rent space on military bases for free.
June 12 -
Members at Malheur Federal Credit Union will vote later this year on whether to join Medford, Ore.-based Rogue.
June 12 -
The Oregon company tapped Tory Nixon to serve as president of its bank.
June 11 -
The credit union will pay an undisclosed amount for Community State Bank of Southwestern Indiana.
June 11 -
The Odon, Ind.-based credit union would gain six branches by acquiring Community State Bank of Southwestern Indiana.
June 11 -
The company is partnering with Sensibill, a fintech whose technology turns photos of receipts into text and helps people track and manage their expenses.
June 11 -
The group behind NewBank is pursuing a charter with the Office of the Comptroller of the Currency to offer banking services nationwide.
June 10 -
Leaders of companies including Citizens, Comerica and Truist offered more upbeat assessments of loan demand and credit quality than they have in recent weeks. But others warned of weakness in key sectors such as energy and real estate, and said forbearance policies may be hiding potential pitfalls.
June 9