FERNDALE, Mich. - (03/22/05) -- Credit Union One is rapidly addingto its membership base by combining with area credit unions. Sincethe end of last year the $775 million credit union has merged withtwo local credit unions and is poised to add a third. The twocompleted mergers are with Farmington-based Suburban CU ($18million) and Waterford-based North Oakland CU ($22 million); whilea proposed merger with Health Services CU, Mount Clemens ($9million) is still pending.
-
The top five banks and thrifts had combined assets of more than $13 trillion as of December 31, 2023.
3h ago -
The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.
6h ago -
Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
April 23 -
Lawmakers including one of the original sponsors of the Corporate Transparency Act have filed an amicus brief in the appeal against an Alabama court ruling that the law is unconstitutional, which would throw into question Treasury's newly-established beneficial ownership structure.
April 23 -
The Connecticut bank —a regional traditionally regarded as a cautious lender — said nonperforming loans and leases rose 53% year-over-year. The uptick was in mostly the commercial-and-industrial loan space, although there was one nonperforming commercial real estate loan, executives said.
April 23 -
The two regional banks are anticipating that borrower demand will increase in the back half of the year. High interest rates and economic uncertainty have been muting the appetite for borrowing.
April 23