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The company would also gain a branch near Dallas with the proposed acquisition.
September 28 -
Having already changed charters for a statewide field of membership, the Jackson, Mich.-based institution will now merge with Washtenaw Federal Credit Union.
September 25 -
The bank has agreed to pay $158 million for Standard AVB Financial, which has 17 branches in Pennsylvania.
September 25 -
An international coalition led by Bank of America chief Brian Moynihan has proposed a framework for assessing how well big corporations are meeting the environmental, social and governance expectations of investors who value stakeholder capitalism.
September 24 -
Go Federal Credit Union CEO Bert Beal will take the helm of the combined institution once they join America's Credit Union.
September 24 -
For decades lawmakers have ignored broad structural flaws in the National Flood Insurance Program, which underpins millions of home mortgages. And the problem is only getting worse.
September 23 -
The company has been experimenting with ways to recruit more women and minorities, including a program to hire professionals who had left banking. But CEO Charlie Scharf’s reference to “a very limited pool of Black talent” for important jobs may make it harder for Wells to meet inclusion goals.
September 23 -
A pending combination with Animas Credit Union will broaden the Albuquerque-based institution's reach in northern New Mexico.
September 23 -
The Connecticut company will receive $120 million in cash from AssuredPartners for People's United Insurance Agency.
September 23 -
Jane Fraser, who is poised to become the first woman to lead a major U.S. bank, possesses turnaround experience and strong interpersonal skills that make her well suited for mending fences with regulators and investors, according to present and former colleagues.
September 21