Twelve employees of Carolina Foothills FCU, Spartanburg, S.C., passed the required exams to earn the designation of Certified Credit Union Financial Counselor. Left to right: front row: Erin McCall; Regina Harper; Heather Alexander; Brandi Proudfoot, Susannah Miller. Back row: Kristen Turney; Aleen Daniels; Donna Edens; Angela Carpenter; Angela Tate; Annie Murray, Grace Simonelli.
United FCU, St. Joseph, Mich., promoted Emily Szymkiewicz to market vice president of the Midwest region.
Wells Fargo provides few updates on growth; why some banks are aggressively cutting costs and others aren’t; crypto exchange Kraken receives Wyoming bank charter; and more from this week’s most-read stories.
The San Diego bank first considered finding a buyer two years ago and had offers in early 2019. The price of the deal it finally reached in the throes of the pandemic was much lower than some earlier offers.