DULUTH, Minn. - (08/02/04) -- Members Cooperative CU will dedicateits newest branch here Monday, an environmentally friendly facilitybuilt on a former hazardous waste site. The structure was built ona former brownfields site that once was an industrial oildistribution facility. Oil and fuel were in the soil andunderground tanks had to be removed. The $3.2 million, 16,000square-foot building was designed to use 54% less energy thansimilar commercial buildings of the same size. Skylights flood theinterior with natural light and light sensors minimize the use ofartificial light. Each office has its own thermostat fortemperature control.
-
The Arkansas-based company pivoted to organic growth a few years ago, after making 14 bank acquisitions in less than a decade.
4h ago -
The combination of the banks is the latest in a trend of deals closing on speedier timelines, and signals the industry's hunt for scale.
6h ago -
When the Swiss banking giant bought rival Credit Suisse in 2023, it inherited an investigation over money the Nazis looted from European Jews. The issue now seems to be coming to a head in Washington.
7h ago -
The Chicago-based, $261 million-asset Metropolitan Capital Bank & Trust was placed in receivership and its assets sold to Detroit-based First Independence Bank, costing the Federal Deposit Insurance Corp.'s Deposit Insurance Fund an estimated $19.7 million.
January 30 -
Court documents reveal how a teller used the drive-through window and work email to aid a scheme that bypassed TD's fraud defenses.
January 30 -
U.S. Bancorp shuffles management as COO Souheil Badran announces his retirement; Stock Yards Bancorp agrees to buy Field & Main Bancorp; Citi's wealth business hires Mercer's Olaolu Aganga for a newly created role; and more in this week's banking news roundup.
January 30





