Corporate governance

The $1.1 billion-asset credit union is focused on achieving its goal of "helping members find a way, not get in their way."

Once upon a time, credit unions could serve anyone they wanted and there was no such thing as “common bond.” Sounds like a fairy tale, but it turns out a select few still can.

Even with a massive FOM, the credit union is working to leverage existing relationships.

The $800 million-asset CU is using mergers and digital outreach to boost its brand and pick up membership across the state.

A simple rebranding in 1977 helped open up Golden 1 Credit Union to members throughout California.

Supporters of the Community Development Financial Institutions Fund, a Treasury program, are weighing the potential for budget cuts against the administration's interest in creating jobs and helping low-income communities.

Regions Financial in Alabama promoted an in-house attorney to oversee its corporate governance practices.

What if your credit union could serve every man, woman and child in the U.S.? Turns out a select few already can.

Kirk Wycoff of Patriot Financial Partners will soon join PL Capital's Richard Lashley on the company's board.

James Lally will succeed Peter Benoist as CEO of the $4.1 billion-asset company at its annual meeting this spring.

The company, which provided few details about the possible fraud, plans to hold a conference call Friday.

Supporters of the Community Development Financial Institutions Fund, a Treasury program, are weighing the potential for budget cuts against the administration's interest in creating jobs and helping low-income communities.

The announcement comes a day after the company's board announced a series of corporate-governance improvements.

Clayton Bank and American City Bank are owned by Clayton HC and have a combined $1.2 billion in assets.

Richard Lashley at PL Capital is taking over a board seat previously held by former CEO Steven Sugarman.

Legion Partners, which has raised concerns about corporate governance and pushed the bank to consider selling itself, will seek two board seats.

For certain banks, it might make sense to require the chairman of the board to be an outside board member. But that’s a decision best left up to the board and management.

First Busey plans to close the $236 million cash-and-stock acquisition by the middle of this year.

Chaney was CEO of Hancock Holding in Mississippi for nearly a decade, overseeing a period of substantial growth.

While most ads for the big game are shrouded in secrecy, the credit union unveiled three spots and asked the public to choose which one should run Sunday.