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A plan to merge the $5.5 million-asset credit union into Cal-Com FCU will provide additional services for members while also easing the process of replacing several employees who plan to retire this year.
September 4 -
The New Jersey company will add three branches in the northern part of the state as part of the transaction.
September 3 -
The company is selling $355 million of Paycheck Protection Program credits to The Loan Source, a nonbank lender that is also buying PPP loans from three other banks.
September 3 -
The purchase-and-assumption transaction, if approved, would become the first credit union-bank merger in Alabama.
September 3 -
The Vermont-based credit union received the OK from federal regulators to add 650,000 potential members to its FOM, an increase of 15%.
September 3 -
A state judge deciding a dispute between Spencer Savings and an investor said the mutual must get an independent review before switching from a savings association to a savings bank. The ruling may complicate mutuals' efforts to make more business loans.
September 1 -
Pathways Financial's acquisition of Standard Register FCU increases its foothold in the Dayton market.
September 1 -
CIT inherited the business with its purchase earlier this year of Mutual of Omaha Bank.
September 1 -
The deal continues Sound's push into markets north of its Tacoma headquarters.
August 31 -
When the coronavirus pandemic forced teachers and students to move classroom learning online this year, school districts and educators suddenly faced a raft of challenges around handling new expenses for tools needed for cyber education.
August 31