PORTLAND, Ore. - (09/28/05) - Unitus Community CU said it hasagreed to move to a new headquarters in the city's ColumbiaFinancial Center and sell its existing offices. The $650 millioncredit union said it signed a 10-year lease for 47,000 square-feet,about half of the space in the five-story building. Unitus, whichwas formerly known as Oregon Telephone Employees CU, plans to sellits existing headquarters and maintain a branch in thefacility.
Diligence Capital Management is pushing the beleaguered bank to add directors with bank turnaround experience. Eagle has been searching for a new CEO after getting battered from losses tied to its commercial real estate portfolio.
Cambridge Savings Bank has been stockpiling capital. Now its CEO says it's willing to part with a portion of that stash if the right opportunity presents itself.
A federal judge said Friday that the Trump Organization will have three months to collect new evidence and refile its complaint. It alleges that Capital One illegally closed hundreds of its accounts following the Jan. 6, 2021, attacks on the U.S. Capitol.
The new executive order could add lender competition for self-employed borrowers, potentially via a small loan carveout and one for portfolio products.
There were an estimated 630,000, or 46.3%, more home sellers than buyers in the United States in February, according to a Redfin report.
Huntington is among the banks investing in technology that embeds payments and financial services into nonfinancial functions — a move designed to counter the encroachment of digital wallets and fintechs.
