Corporate governance

The Delaware company said it received $22 million in net proceeds after selling 360,000 class B shares.

Members of Standard Register Federal Credit Union are expected to vote on the proposed merger into Pathways Financial Credit Union in August.

Delmarva Bancshares, which was on the brink of failure during the financial crisis, will be sold to BV Financial for $54 million.

A proposal from the credit union regulator was criticized for being needlessly complex and not requiring enough transparency.

NSWC Federal Credit Union is rolling out a new name in the hopes of boosting membership and dispelling misconceptions about who can join.

A new study shows 60% of adult children whose mother or father are credit union members do not belong to the same institution as their parents.

As governments explore whether to compensate African Americans for centuries of racism, financial institutions need to do their part to redress victims of persistent redlining.

Executives argue the rollouts will largely focus on new markets and work in tandem with digital banking efforts.

Chuck Shaffer will take the helm in December, becoming the first leader outside of the Hudson family since the bank's formation in 1926.

The Michigan institution's asset base increased substantially in 2019 thanks to a merger but has continued to grow in 2020.