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As tax reform spurs demand, a rising rate environment is making the short-term loans more appealing to banks.
March 22 -
Robert Selander was named an independent director of the embattled credit bureau, which is still trying to regain public confidence after a huge data breach last year.
March 21 -
Some banks pay their leaders 200 to 300 times more than branch employees, according to recently filed corporate disclosures. The findings raise a host of questions about fairness, whether outsize pay promotes “too big to manage,” and how investors will use this new information in fights with management.
March 21 -
The Alabama company will enter Sarasota, Fla., after buying Premier for $52 million.
March 21 -
The $6 million acquisition will add four businesses with a total of $700 million in assets under management.
March 20 -
One credit union shakes up its mangement team with a bevy of new promotions, including five new branch managers, and more new hires, promotions and other personnel news.
March 20 -
The Indiana-based credit union made significant gains in membership, lending, assets and more.
March 20 -
Celebrating new facilities, corporate philanthropy and other ways credit unions are giving back to their communities.
March 19 -
Sen. Elizabeth Warren, D-Mass., raised ethics concerns about Mick Mulvaney's dual role leading both the Consumer Financial Protection Bureau and the Office of Management and Budget.
March 16 -
Independent Bank Group said the firms had become shareholders after it bought Carlile Bancshares last year.
March 16 -
From donations to sponsorships, financial education and more, here's how credit unions are giving back to their communities and keeping the focus on kids.
March 16 -
While optimistic about the economy, bankers at this year's ICBA convention are still concerned about credit unions and other nonbanks, the role of technology, weakness in the agricultural sector and succession planning.
March 16 -
Juntosavanzamos.org is designed to help consumers locate credit unions that participate in the rapidly growing Juntos Avanzamos program.
March 16 -
Park National, which came to regret its acquisition of a Florida bank just before the financial crisis, took more than a year to vet NewDominion before making an offer.
March 15 -
As financial institutions find themselves at the center of political fights on topics like energy financing, marijuana and guns, they should avoid caving in to activist demands.
March 15
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The company's deal for Coastway Bancorp in Rhode Island makes sense since both institutions are former credit unions.
March 14 -
CEO Tim Sloan was paid $17.4 million, though he was denied a cash bonus, as the San Francisco bank continued to contend with scandal fallout.
March 14 -
Sen. Elizabeth Warren, D-Mass., introduced a bill to create a permanent law enforcement unit to investigate criminal activity at large banks, just as the Senate was close to passing a regulatory relief package.
March 14 -
The credit union's deal for American Founders Bank would be the third credit union acquisition of a bank this year.
March 13 -
The National Credit Union Administration has approved a field of membership expansion for the Myrtle Beach-based credit union.
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