Wescom CU Acquires InsuranceAgency

December 09, 2004, 1:00 a.m. EST 1 Min Read

PASAENA, Calif. - (12/09/04) -- Wescom CU said it has acquiredHallmark Associates Insurance Services, a full service insuranceagency based in nearby Pico Rivera, Calif. The new agency, whichprovides a full line of auto, homeowners, life and healthinsurance, will be managed by Jane Wood, the credit union's currentexecutive vice president. Terms of the deal were not disclosed.Hallmark joins Wescom Resources Group, a credit union technologyprovider, and Wescom Financial Services, was wholly ownedsubsidiaries through the credit union's holding company, known asWescom Holdings, LLC.

For reprint and licensing requests for this article, click here.

TRENDING

Failures

Republic First fails; Fulton Bank acquires assets, branches

The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.

By Kyle Campbell

4h ago
Politics and policy

Custodia to appeal ruling in Fed lawsuit

The Wyoming-based digital asset bank filed paperwork to challenge last month's district court ruling, which affirmed the Federal Reserve's view about its discretion over master account applications.

By Kyle Campbell

9h ago
CFPB

Former CFPB Director Richard Cordray resigns from Education Department

The former head of the Consumer Financial Protection Bureau resigned Friday after the troubled rollout of the Free Application for Federal Student Aid led some House Republicans to call for his resignation.

By Kate Berry

9h ago

MORE FROM AMERICAN BANKER

Failures

Republic First fails; Fulton Bank acquires assets, branches

The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.

By Kyle Campbell

4h ago
Politics and policy

Custodia to appeal ruling in Fed lawsuit

The Wyoming-based digital asset bank filed paperwork to challenge last month's district court ruling, which affirmed the Federal Reserve's view about its discretion over master account applications.

By Kyle Campbell

9h ago
CFPB

Former CFPB Director Richard Cordray resigns from Education Department

The former head of the Consumer Financial Protection Bureau resigned Friday after the troubled rollout of the Free Application for Federal Student Aid led some House Republicans to call for his resignation.

By Kate Berry

9h ago
Earnings

Cullen/Frost boosts loan growth forecast despite higher-for-longer rates

The San Antonio-based bank said that loan growth, fueled in part by its expansion in key Texas markets, may compensate for pressure on deposits. It slashed the number of rate cuts it expects this year from five to two.

By Catherine Leffert

10h ago
Industry News

Renasant taps insider as next CEO, Aspiration spins out new brand

Mississippi's Renasant names its next CEO; environmental fintech Aspiration Partners spins out its consumer brand; the OCC adds five weeks to comment period for Capital One-Discover merger; and more in the weekly banking news roundup.

By Editorial Staff

10h ago
Earnings

Associated in Green Bay gathers lending momentum, boosts margin

The Wisconsin banking company forecasted loan growth of 4% to 6% for the full year, driven by an expansion into new commercial and consumer credit lines as well as enduring economic strength in the Midwest.

By Jim Dobbs

April 26