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The Summerville, S.C.-based institution will also close two branches as part of a broader strategic effort to better service members.
May 11
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Institutions need to think about revenue streams and portfolio diversification as the coronavirus affects much of the U.S. economy.
May 8
Alliant Credit Union -
Members of West York Area School District Employees Federal Credit Union approved the merger into First Capital, and the deal is expected to close this summer.
May 8
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Local 229 IBEW Federal Credit Union, which had less than $2 million in assets, has merged into White Rose Credit Union.
May 7
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The Independent Community Bankers of America accused the National Credit Union Administration of using the coronavirus to usher in additional changes without the normal amount of scrutiny.
May 7
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Seneca-Cayuga Bancorp's capital levels have fallen steadily since peaking in 2013.
May 6 -
TruStone Financial and Firefly Credit Union have announced plans to merge, pending regulatory approval and charter changes.
May 5
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The Illinois company will sell Bates Cos. to an undisclosed buyer less than two years after buying the wealth management firm.
May 4 -
The Wisconsin regional said the funds will support loan growth and its dividend policy as well as create an added capital buffer.
May 4
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The $468 million-asset institution said expansion isn't required now but the move is a proactive attempt to ensure its long-term viability.
May 4
