GLASGOW, Scotland-Jim McMahon, an Irish League of CUs board member, has been honored with the World Council's Distinguished Service Award for his work in a number of areas. Measnwhile, WOCCU presented its Ambassador Award to Servus CU in Edmonton, Alberta. Retiring President/CEO Pete Crear was recognized by Rotary International with its highest honor as a Paul Harris Fellow. Crear was also presented with the Raiffeisen Medal by Germany's Raiffeisen Union. WOCCU Vice Chairman Grzegorz Bierecki was honored by the Ukrainian Orthodox Church for work done by Poland's trade association in developing credit unions in that nation.
-
The Canadian lender's U.S. plan involved selling branches and jettisoning certain noncore relationship loan portfolios. BMO is now positioned to achieve its stateside return on equity target, CEO Darryl White said.
56m ago -
Regulators pushed banks toward multifactor authentication. A new phishing-as-a-service kit, flagged by the FBI, is built to slip right past it.
1h ago -
The Federal Deposit Insurance Corp. said banks earned stronger profits and expanded lending in the first quarter of 2026, but at the same time margins shrank and unrealized losses have been increasing.
2h ago -
The average number of days it takes for large bank M&A deals to close has drastically shrunk from the past two years, according to a new report.
9h ago -
Maspeth Federal Savings in Queens has been managed by members of the Rudzewick family, led by long-serving patriarch Ken, for nearly three decades.
May 26 -
The crypto exchange, which closed its original direct deposit service in late 2024, has brought it back for users to set up automated digital asset investing.
May 26









