The Credit Union Executives Society (CUES) inducted four people into its Hall of Fame during a special ceremony at its CEO Network here. Inducted were: Wayne Bunker, CEO of Provident Central CU, Redwood City, Calif., who was recognized for his career accomplishments and numerous volunteer roles; Pete Crear, EVP/COO with CUNA, who was inducted for a career that dates to 1965, including leading several leagues and league subsidiaries, a variety of volunteer positions, and helping to organize 23 CUs; Dennis Dollar, chairman of the NCUA, who while president of Gulfport VA FCU in Mississippi won several awards, and has also been active in a variety of civic organizations; and Stan Hollen, president of Liberty Enterprises, Mounds View, Minn., who was recognized for his leadership at Liberty, the company's support of the National CU Foundation, and his CU career, including nearly 20 years as president/CEO of The Golden 1 Credit Union, Sacramento, Calif.
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Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank.
October 17 -
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
October 17 -
In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.
October 17 -
Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
October 17