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Broadway Financial prefers a small balance sheet and loans to real estate investors that offer affordable housing. Capital Corps and its founder, Steven Sugarman, want the bank to expand by making more loans directly to low- and moderate-income borrowers.
February 13
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Gulf Power Company Employees CU will merge into Tallahassee-based FSU Credit Union later this year, pending regulatory and member approval.
February 13
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It could take a while to achieve those goals – more than half of credit union boards don’t have term limits for directors, the report showed.
February 12
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The Radcliff, Ky.-based credit union wants to serve more Kentuckians and is hoping a name change will help achieve that goal.
February 12
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Bankers in the Hawkeye State are targeting legislation that would permit credit unions to gamify savings. This is at least the third major issue in recent years where the two sides have had a high-profile clash.
February 12
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The Iowa company will pay $280 million to gain 25 branches and $1.2 billion in loans.
February 11
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Emburse, a new consolidation of several corporate expense management platforms, now supports instant reconciliation of business expenses at the moment the transaction occurs.
February 11 -
Ken Karels will be succeeded by Mark Borrecco, who had been CEO of Rabobank's U.S. bank.
February 11
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The deal, expected to close later this year, will expand the Apple Valley, Minn.-based credit union's reach to 30 branches across the state.
February 10 -
The credit union can now serve consumers in two additional counties.
February 7
