TROY, Ohio – HTM Area CU said it has acquired a vacant Taco Bell fast-foot restaurant where it plans to build a new headquarters and branch.
The old building will be turned into a full service bank with a drive through, ATM and night deposit.
The credit union - HTM stands for Hobart, Troy and Miami County - was started for Hobart Corp. employees and has 650 members and three employees.
The neobank filed for an initial public offering on Tuesday shortly after announcing a new office lease in New York City.
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Serious delinquencies on student loans jumped tenfold at the start of 2025, shortly after lenient pandemic-era policies came to an end. The greater pressure on consumers' wallets is a cause for concern at banks that rely on borrowers' ability to repay their debts..
New York State Gov. Kathy Hochul has codified how buy now/pay later lending will operate in the state, taking a heavier hand as the Consumer Financial Protection Bureau loosens its grip under President Trump.
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