TEMPE, Ariz. - (07/30/04) First CU is moving itscorporate headquarters to a much larger office facility in nearbyChandler. The credit union has acquired a 104,000-square-foot,five-story building in the Chandler Corporate Plaza for $10.7million. The credit union hopes to move as many as 200 of itsemployees into the new headquarters over the next nine months. Aspart of the deal, the credit union also purchased the adjacentparking lot.
A first look at the capital plan suggests it moves the real estate finance industry closer to changes it lobbied for, but the devil may be in the details.
Housing economists at ICE Experience 2026 predict mortgage growth but also say the home finance industry has yet to fully adapt to the disruption of this decade.
The Oklahoma community bank partnered with two digital asset companies to create a cross-border form of tokenized U.S. dollar deposits.
Grand Rapids-based Independent Bank Corp. has agreed to buy HCB Bancorp for $70.2 million — the buyer's first deal since 2017.
Participate, a loan participation network, has agreed to use tokenized dollars issued by Custodia Bank and Vantage Bank.
Royal Bank of Canada is rolling out AI across its businesses in an effort to become more efficient and generate more revenues. The Toronto-based bank recently created an internal AI accelerator that directly reports to CEO Dave McKay.
