Corporate governance

The two institutions had to change their names after a law passed in the Hawkeye State that forbid CUs from using a state university in their names.

Lawrence Weinbach will replace David Nelms, who had already stepped down as CEO. The transition will take place Jan. 1.

In a rare move, Maryland Financial is voluntarily liquidating after its customer base shrank and efforts to sell itself failed.

Ameris has agreed to pay $751 million for Atlanta-based Fidelity; the combined company would have $16 billion in assets.

The Minnesota-based institution expects to $10,000 per month by switching its core systems.

Live Oak Bancshares became an SBA juggernaut by making loans, selling them and making more. With economic conditions changing, it is retaining more credits.

The North Carolina-based institution distributed more than $624,000 with some members receiving as much as $500.

One week after NCUA filed its own appeal brief, three major organizations banded together in support of the expanded field-of-membership rule

Virginia Partners will operate as a separate bank unit after the deal closes.

When Trinity Capital in New Mexico put itself up for sale last summer, it reached out to several local banks to gauge their interest. Then came a surprise offer from a suitor based a thousand miles away.

Morris State will pay $24 million for the parent of Farmers & Merchants Bank.

Citizens Equity First Credit Union in Peoria, Ill., returned $50 million to its members last month.

From expanding access to affordable financial services to donations and actions to support health and fight cancer, here's a look at how credit unions around the country are giving back this holiday season.

The Alabama bank has named former power company executive Charles McCrary chairman instead of giving the job to new CEO John Turner.

Pennsylvania-based institution will give back $600,000 to members next month.

The $180 million acquisition is the first for Berkshire since the sudden departure of CEO Michael Daly.

Uniti Financial focuses on the Korean-American community through three offices around Los Angeles.

Everything from fintechs to Amazon are threatening the financial services industry. Credit unions need a plan in place to keep up.

The regional bank is working with customers to help develop and launch new products, including a small-business credit card.

The regulator claimed Congress has already granted it the authority to define field-of-membership areas.