Corporate governance

The company, which recently bought Monument Bank, has agreed to acquire Covenant Financial.

Charles Peck, the head of public finance, is temporarily joining the leadership of the public affairs team.

A dearth of bigger acquirers will likely force more banks with less than $2 billion in assets ⁠to seek out their own deals.

The New Jersey company paid $336 million for all stock owned by Blue Harbour Group.

The credit union service organization has returned more than $20 million to member-owner institutions each year since at least 2016.

Bangor will pay $35 million in cash to gain branches in five communities.

Wichita Falls Bancshares will gain four branches when it buys Chico Bancorp.

Consumers are becoming less tolerant of downtime, especially when it’s inhibiting them from accessing their money, says Arcserve's Oussama El-Hilali.

New York is the latest state to change its statutes regarding public deposits and credit unions as more institutions seek out strategies to boost liquidity.

Consumers may be concerned about a possible economic downturn next year, but credit union marketers have no plans to curtail their spending in 2020.