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The deal is expected to close sometime next year but is still subject to regulatory and member approval.
October 9 -
Many consumers are taking to the highways and the water for safe getaways during the pandemic — powering one of the few bright spots in lending. However, bankers warn that boomlets usually come with distinctive credit risks.
October 7 -
Last year, credit unions surpassed 291 million members in 118 countries.
October 7 -
The number of religiously affiliated credit unions continues to dwindle and many have changed their name as part of a push to diversify their fields of membership.
October 5 -
The Georgia company will add nearly $200 million in assets as part of the acquisition.
October 5 -
Climate First Bank, which would be led by veteran banker Ken LaRoe, would offer loans to help individuals and organizations make environmentally sound decisions.
October 5 -
The expansion will give the $416 million-asset institution a deeper reach into southern parts of the state.
October 2 -
The company said Todd Brice will retire in March. A search firm will consider internal and external candidates.
October 2 -
The coronavirus outbreak has taught community bankers to think on their feet and experiment. Speakers at an industry conference this week advised their peers to stay innovative to ensure they endure in a changing world.
October 2 -
Virginia National and Fauquier Bankshares are planning to create a $1.6 billion-asset company focused on the middle part of the state.
October 1