BRATTLEBORO, Vt. - The $45.2-million River Valley CU said it will absorb via merger the $1.6-million Windham County VEA Credit Union, which has approximately 1,040 members. In a statement to members on its website, WCVEA CU said, "Increased regulations from the state and federal governments have made it harder and harder for us to make ends meet. We have explored all avenues trying to find ways to increase our revenues."(c) 2008 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved.http://www.cujournal.com/ http://www.sourcemedia.com/
-
The federal banking regulator issued conditional approvals for national trust bank charters for Bastion Platforms, Agora and Catena Labs on the same day.
38m ago -
The Federal Reserve's vice chair outlined the ongoing modernization efforts for the central bank's lending facility of last resort, including coordination with the Federal Home Loan Banks.
1h ago -
-
As AI agents become more collaborative, creative and fast, banks need to defend themselves.
6h ago -
A new bill introduced by Sen. Katie Britt, R-Ala., would boost efforts to index bank regulatory thresholds in the Senate Banking Committee, where most of the focus to date has been on stablecoin and crypto.
6h ago -
BCB Bancorp says red ink may top $130 million in the third quarter, as its new CEO moves to address credit-quality issues.
September 21








