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The company, which sold about $3 million in stock through a private placement, also plans to add branches on Staten Island.
January 4 -
Banks, especially smaller institutions, will be forced to find more ways to differentiate, Bryan Jordan said in an interview that also covered his company's recent purchase of Capital Bank and how tax reform will immediately stimulate the economy.
January 4 -
In adding Martin Pfinsgraff, until recently the OCC's deputy comptroller for large-bank supervision, and retired Air Force Brig. Gen. Linda Medler, a cybersecurity expert, the regional bank says it is trying to build a board with expertise in fields of timely interest.
January 4 -
Neff, who joined the company in 1999, gained oversight of retail banking with the promotion.
January 4 -
The company sold securities in the fourth quarter to stay below $10 billion in assets and avoid a cap on interchange fees.
January 4 -
The credit union saw a net income of more than $26 million during the first three quarters of 2017, after earning more than $42 million in 2016.
January 4 -
The Lakeland, Fla.-based institution reached the milestone in late December following several years of strong growth.
January 4 -
Changing political and economic forces are raising new questions about deployment of tax savings and the cost of deposits, while old concerns about cost-cutting, credit quality and risk-taking persist or return.
January 3 -
First Financial of Maryland Federal Credit Union rewarded members based on products and services they used in 2017
January 3 -
From showcasing small businesses to challenging members to donate for disaster relief efforts, here's another look at how credit unions are giving back.
January 3 -
The $5 billion-asset credit union approved the special award to certain members based on dividends and interest paid.
January 3 -
Kevin Stein, who runs a private equity firm, has also supervised banking groups at Barclays and FBR Capital Markets.
January 2 -
CSCU will continue as a separate, card-processing entity.
January 2 -
Doug Bowers contends that last year’s leadership shake-up, job cuts and corporate governance overhaul will make the company more competitive in its home state.
January 2 -
Acquirers announced deals in California, Missouri and Pennsylvania on the last business day of 2017, raising the year's final tally to 245 transactions.
January 2 -
Members will receive 2 percent return on loan finance charges, bonus dividend.
December 29 -
There are plenty of challenges ahead for Puerto Rico residents, but credit unions with a presence on the island have largely returned to business as usual.
December 29 -
The energy crisis, hurricane damage and merger costs have hampered earnings per share at the Louisiana bank. Its CEO has to clear those hurdles and convince investors steady growth is ahead.
December 28 -
The veteran banker wants to turn his Pennsylvania bank into a major business lender. But first he has to spin off the buzzy digital-only bank he helped build.
December 27 -
There’s growing evidence that the greatest progress and most effective decision-making are not the products of a single charismatic leader or pair of leaders, but of a collaborative culture. Banks could benefit from adopting this mindset.
December 27
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