PORTLAND, Ore. - (06/08/06) TitleAuctions, an autoremarketing firm for credit unions, announced Tuesday has hasdecided to use the Black Book as its preferred source of valuationof credit union repossessed collateral. The company said it willrecommend Black Book to its credit union customers for colateralvaluation and begin using the Black Book to track credit unionauction results. In addition, TitleAuction will integrate the BlackBook into its credit union training on setting market-based floorprices for remarketing and repos.
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The transaction, which would give Huntington a top-five market share in both Dallas and Houston, comes just a week after the Ohio-based buyer closed its last Texas acquisition.
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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





