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BB&T is buying SunTrust Banks, creating a $442 billion-asset institution. Credit unions are hopeful the mega merger will present an opening to pick up new business.
February 8
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BB&T and SunTrust would be able to go toe to toe with the industry's heavyweights.
February 7
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The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion.
February 7
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A former audit executive at Citi and Amex, Julie Scammahorn is replacing David Julian, who remains on administrative leave. She will join the bank in April.
February 6
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John Asbury says his Virginia bank, soon to be renamed Atlantic Union Bank, could eventually stretch from Charlotte, N.C., to Baltimore and take on the big players that dominate those markets.
February 6
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The company will gain four branches in Athens, Ga., with the $52 million acquisition.
February 6
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Biometric technology adoption is on the rise, meaning credit unions need to think about how to utilize this for both members and employees.
February 4
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As the consumer lender announced its seventh consecutive profitable quarter, its CEO bragged that his company is better positioned than the likes of Goldman Sachs and LendingClub.
February 1
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The Virginia company, which recently bought Access National, will become Atlantic Union Bank later this year.
February 1
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Lenders are glad the agency worked swiftly through a backlog of paperwork, but they're worried funds will get cut off if the government closes again.
February 1
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The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years.
January 31
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In a lengthy report released Wednesday, the bank pledged to protect whistleblowers, handle customer complaints better and re-examine its lending practices.
January 30
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Reliance Bancshares was in a position to reject five buyout offers over the course of a year before it got one it liked.
January 30
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Many credit unions already know they need to diversity their slate of directors. Here's how a handful of CUs have already started that process.
January 30
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The Germantown, Md.-based institution can now serve residents throughout the Washington, D.C., region.
January 29
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The Las Vegas-based institution has returned more than $63 million to members in the last 19 years.
January 29
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Credit unions in the Gopher State have pledged at least $3.5 million to the Credit Union National Association's awareness effort.
January 29
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The lawmakers want U.S. banking agencies to join their international peers in ensuring the financial system is resilient to climate-related risks.
January 28
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Both banks' need for scale started the conversation and the lifting of the SIFI threshold helped seal the deal. Here are five takeaways from one of the industry's biggest recent mergers.
January 28
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A new report from Cornerstone Advisors finds credit union executives aren't all that bullish on the year ahead, while banker optimism is back on the rise.
January 28
