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MetroCity Bankshares has said it could use the proceeds to open branches or pursue acquisitions.
October 10
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The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it’s trying to craft a successful growth strategy while reassuring investors it isn’t overreaching.
October 9
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The Wisconsin company will have 15 branches in its home state on completing the acquisition.
October 7
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The company has agreed to buy a portfolio of commercial loans from Santander Bank.
October 7
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Credit unions now have until Nov. 30 to apply for Community Development Financial Institution certification.
October 7
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Hawaii Pacific Federal Credit Union merged into the Honolulu-based institution last week.
October 7
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Ziv Biron succeeded Uri Levin, who was named CEO of Discount Bank, IDB's Israeli parent company.
October 7 -
Once the Pennsylvania Credit Union Association and the New Jersey Credit Union League complete their merger, the group will go by CrossState Credit Union Association.
October 7
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The merger of Bi-County PTC Federal Credit Union into BlueOx is expected to be completed on Jan. 1.
October 7
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Even with fee revenue already down, Oregon-based Providence FCU has cut its overdraft fees by half. Some analysts say the move could pay off if the economy goes south.
October 7
