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The Kansas City-area institution has sponsored the NFL’s Chiefs since 2016, but became its official banking partner in 2019. The timing couldn’t have been better.
January 31
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A new app will allow small-business clients to quickly apply for credit while expanded offerings for homeowners associations will help CIT build up its base of low-cost deposits.
January 31 -
The expansion comes after a year in which net income at the Nashville-based credit union dropped by more than half amid a rise in delinquencies and charge offs.
January 31
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A letter from the Independent Community Bankers of America calls on lawmakers to curtail credit unions' bank-buying spree or at least take measures to ensure parity between the two sides.
January 30
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The benefits include improved financial inclusion, the chairman of the NCUA argues.
January 30
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A deal bringing $16 million-asset RiverTrace CU into Call Federal Credit Union will take effect on Feb. 3.
January 29
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A small number of institutions are beginning to add financial assistance for vocational training into their scholarship offerings, but that only accounts for a fraction of the industry's total giving for secondary education.
January 29
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The deal will create a bank with $34 billion in assets and operations stretching from Virginia to Florida.
January 27
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The Michigan-based CU celebrated its latest milestone during its 69th year of business.
January 24
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Two major banking organizations objected to a proposal by the agency that would expand the pool of investors in subordinated debt issued by credit unions. They fear it could provide credit unions more financing to buy banks.
January 23
