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BB&T is buying SunTrust Banks, creating a $442 billion-asset institution. Credit unions are hopeful the mega merger will present an opening to pick up new business.
February 8
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BB&T and SunTrust would be able to go toe to toe with the industry's heavyweights.
February 7
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The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion.
February 7
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John Asbury says his Virginia bank, soon to be renamed Atlantic Union Bank, could eventually stretch from Charlotte, N.C., to Baltimore and take on the big players that dominate those markets.
February 6
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The company will gain four branches in Athens, Ga., with the $52 million acquisition.
February 6
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Biometric technology adoption is on the rise, meaning credit unions need to think about how to utilize this for both members and employees.
February 4
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The Virginia company, which recently bought Access National, will become Atlantic Union Bank later this year.
February 1
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Lenders are glad the agency worked swiftly through a backlog of paperwork, but they're worried funds will get cut off if the government closes again.
February 1
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The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years.
January 31
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Reliance Bancshares was in a position to reject five buyout offers over the course of a year before it got one it liked.
January 30
