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The pandemic has already shown the importance of a robust tech platform for credit unions and that's only going to increase as things return to normal.
May 22
Oak Tree Business Systems, Inc. -
Some lenders are issuing debt and preferred stock to provide an extra buffer for credit losses. Others are preparing for growth opportunities.
May 22
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Mike Maddox will succeed George Jones on June 1.
May 19 -
The Pittsburgh company’s sale of its stake in the asset manager yielded billions of dollars that could cushion the pandemic’s economic blow and eventually help fund a big acquisition.
May 15
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The agreement comes a day after Axos Financial warned that H&R Block was ending their six-year-old partnership.
May 15 -
The merger between the two Corpus Christi, Texas-based institutions is expected to close this summer.
May 14
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The Independent Community Bankers of America would not rule out legal action if Congress doesn't address the National Credit Union Administration's recent decision expanding the low-income designation.
May 13
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The Georgia-based credit union hopes to gain more flexibility to widen its field of membership by switching from a federal charter.
May 12
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C&NW Proviso, which has no website or online services, will gain a slate of new products and additional locations from the deal.
May 12
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The Pittsburgh company has owned a 22% position in the money manager since 1995.
May 11
