NEW BOSTON, Va. – Halifax County Community FCU has hired the Rev. William J. Colman as its president of the tiny credit union-succeeding Williams E. Colman -no relation.
The other William Coleman headed the $5 million credit union for more than 42 years, until his retirement earlier this fall.
The new President Coleman is a licensed and ordained minister and serves as senior pastor of the Cross Road Baptist Church of Evington, a position he has held since 1979.
President Donald Trump's proposed budget would nix funding for Community Development Financial Institutions in minority heavy areas while expanding it for rural areas.
The two companies are collaborating to bring enterprise AI to Box users.
The administration is pitching a $26.7 billion reduction to the regulator's funding for rental assistance, public housing and elderly and disability housing.
Acquiring Country Club Bank would give Omaha-based FNBO 30 branches and nearly $3 billion of deposits in one of the Midwest's biggest markets.
Vectra Bank Colorado President Bruce Alexander is retiring after 25 years with the bank; Unilever Federal Credit Union in New Jersey was shut down by NCUA; Vista Bank hired Bob Mahalik in preparation for Texas bank M&A; and more in this week's banking news roundup.
Truist, Texas Capital and Citizens Financial are among the banks that will be forced to address shareholder dissatisfaction over executive pay.
