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Zions Bancorp. appears to have found a novel approach to escape the added requirements for banks above the Dodd-Frank Act's systemic $50 billion asset threshold, but other banks in a similar position are more likely to wait for Congress to address the issue rather than following suit.
November 20 -
California-based CU grew loans by 15.2 percent, assets, memberships rise.
November 20 -
Sens. Elizabeth Warren, D-Mass., and Chris Van Hollen, D-Md., sent a letter to OCC officials suggesting that Bank of Tokyo was trying to avoid an investigation by New York examiners when it switched to a federal charter.
November 20 -
The merger will expand Wisconsin-based Marine's Iowa footprint.
November 20 -
Real estate CUSO now works with 23 CUs in the Golden State, more than 100 overall.
November 20 -
The Consumer Financial Protection Bureau settled a $1.1 million enforcement action on Monday with Xerox Business Services, alleging that its software misreported borrower information to credit reporting agencies.
November 20 -
Federal Reserve Chair Janet Yellen announced Monday that she intends to step down from the Board of Governors after her successor is sworn in when her term expires early next year, ending any speculation that she may stay on.
November 20 -
Technology has sped up the ability to issue new plastic and boost activation times, but that doesn't mean the service is right for every credit union.
November 20
Vantiv -
The merger of Fallowfield and South Manchester CUs will give the institution a total of 3,700 members and a loan portfolio of $3.6 million.
November 20 -
Carver Bancorp, which has spent 70 years serving minorities in Harlem and surrounding neighborhoods, is struggling to turn a profit. As black-run banks nationwide struggle to stay afloat, Carver's CEO insists the institution is on the right track.
November 20











