WASHINGTON - (09/19/05) -- CUNA disclosed the benefits it paidto its top executives last year. President and CEO Dan Mica waspaid a total of $813,752 in benefits, including a salary of$744,588 in 2004, representing an 8% pay hike. Richard McBride, histop assistant, was paid $352,186, including a salary of $314,094,up 14% from 2003. General Counsel Eric Richard was paid a total of$327,244, including a $284,756 salary, up 3% from the previousyear. John Franklin, vice president, was paid $287,631, including asalary of $265,652. He did not work for CUNA the yearbefore.
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The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
October 24 -
The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
October 24 -
The 23rd annual dinner honored bankers and finance leaders at the top of the industry.
October 24 -
Zelle's parent Early Warning Services said Friday it was planning to take its peer-to-peer payments network international through a new stablecoin initiative. It says the details will come later.
October 24 -
Nicolet Bankshares has agreed to buy MidWestOne Financial in an $864 million, all-stock deal. The acquisition will move the Wisconsin-based buyer into Iowa and the Twin Cities, while also allowing it to vault past a key regulatory threshold.
October 24 -
A think tank report details setbacks in U.S. cyber strategy, from shuttered partnerships and staff cuts to the expiration of key info-sharing laws.
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