Corporate governance

The Illinois company will sell Bates Cos. to an undisclosed buyer less than two years after buying the wealth management firm.

The Wisconsin regional said the funds will support loan growth and its dividend policy as well as create an added capital buffer.

The $468 million-asset institution said expansion isn't required now but the move is a proactive attempt to ensure its long-term viability.

Locally sourced campaigns are providing more capital as traditional loans fall short of covering operating expenses.

The integration of Habersham Federal Credit Union into HALLCO Community Credit Union is expected to take several months.

Members of Maryland-based GEICO Federal Credit Union are set to vote on whether to merge into Illinois-based Baxter Credit Union.

The company’s latest Credit Union Trends Report predicts that membership and lending will stall as job losses rise and consumer demand for loans dries up.

Industry veterans have drawn from their experiences with wildfires, earthquakes and hurricanes to fashion their responses to the pandemic.

N.W. Iowa CU has agreed to merge into Siouxland FCU, citing rising technology costs and an increasingly complex compliance environment.

Unlike recent affairs that were marred by protests, this year's meeting — held online because of the coronavirus outbreak — went smoothly as investors overwhelmingly approved the bank's slate of directors and executive compensation plan.