Throughout 2007, the Credit Union Journal is profiling the credit unions of each U.S. state and D.C. Rather than appear in alphabetical order, the states are being featured in the order they became states.
MAINE
Number of credit unions 72
Total Assets $4,176,763,000
Total Members 604,126
Total Loans $3,076,399,000
Total Savings $3,501,915,000
Largest CU Maine State CU, $226M
State Population 1,321,574
Date Became State March 15, 1820
Data is being provided by SNL Research.
What can banks learn from developments around consumer-facing apps like Muse about the future norms they will inevitably have to navigate.
As a significantly underrepresented group in the industry, Black planners and other wealth management professionals of all backgrounds have been tapping into the Quad-A network and professional development opportunities for decades.
Advisors may want to rethink one of the industry's retirement rules of thumb. Two researchers suggest swapping the traditional 4% withdrawal rate for a "flexible 3%" rule to lower failure rates for longer time horizons.
Peoples Bancorp, which has been hovering just below a key regulatory threshold, plans to get to $14 billion of assets with its planned acquisition of Maryland-based Capital Bancorp.
The Federal Reserve Office of the Inspector General issued its much-anticipated report on the ongoing renovations at the central bank's Washington, D.C., headquarters and found no criminal wrongdoing.
The federal banking agency has conditionally approved Mission Lane's request for a limited-purpose credit card bank charter.
