Corporate governance

The Southeast banks expect to complete their merger by midyear, hit their savings targets and still be able to invest in growth, according to Bryan Jordan.

Following a 44% jump in the number of CU-bank acquisitions in 2019, some observers believe the volume could plateau this year.

The company will pay $24 million in cash for Central Federal Bancshares.

The Colorado Banking Board may be the first regulator to ever block a credit union-bank merger.

Colorado's State Banking Board voted 6-1 to stop Elevations Credit Union from buying Cache Bank & Trust. This is believed to be the first time regulators have blocked such a deal.

The Massachusetts savings bank will gain branches in two communities as part of the acquisition.

In the year since it voluntarily disclosed its own data, Citigroup has shown an improvement in its median pay for female and minority employees, the firm said Wednesday.

The credit union has returned payouts of $5 million or more for each of the last eight years and has issued a dividend of some sort every year since the mid-1990s.

The Charlie Scharf era began with the company's lowest quarterly net income in more than nine years. Culprits included falling revenue, rising salaries and yet more financial fallout from the bank's sales scandal.

The country's biggest bank is leaning more on fee income to offset rate pressures, expanding in selected U.S. cities and laying the groundwork for operations in China that CEO Jamie Dimon hopes will endure “for 100 years.”

The Colorado Bankers Association says Elevations Credit Union's purchase of Cache Bank & Trust doesn't comply with state statutes.

Want to level the playing field with big banks and fintechs in the year ahead? Here's where to start.

From power outages to branch closures and even homeless kangaroos, rampant wildfires have presented credit unions in Australia with challenges they've rarely seen before.

Stateside banks are starting to play catch-up to banks worldwide that are incorporating environmental, social and governance factors into their underwriting. Pressure from big shareholders is a driving force.

The latest dividend brings the credit union's member returns to more than $32 million in 23 years.

A MagnifyMoney report shows an overwhelming majority of consumers regret not investing sooner, a sign that credit unions could deepen relationships by upping their wealth management options for members.

The bank will top $500 million in assets after it acquires F&M Bancshares.

Can Charlie Scharf fix what ails Wells Fargo? How will Kelly King and Bill Rogers manage the integration of the biggest bank merger since the early 2000s? And will New Jersey Gov. Phil Murphy be able to beat back opposition from the banking industry and make good on his promise to create a state-owned bank? Here are 11 leaders to keep an eye on in 2020.

The institution formerly known as School Employees Loraine County Credit Union launched its new name on Jan. 2.

The Tulsa-based credit union reached $2 billion in assets at the close of 2019. It hit the $1 billion mark in 2011.