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The New Jersey company paid $336 million for all stock owned by Blue Harbour Group.
December 18 -
The credit union service organization has returned more than $20 million to member-owner institutions each year since at least 2016.
December 18 -
Bangor will pay $35 million in cash to gain branches in five communities.
December 17 -
Wichita Falls Bancshares will gain four branches when it buys Chico Bancorp.
December 17 -
New York is the latest state to change its statutes regarding public deposits and credit unions as more institutions seek out strategies to boost liquidity.
December 17 -
Consumers may be concerned about a possible economic downturn next year, but credit union marketers have no plans to curtail their spending in 2020.
December 16 -
An appeals court on Thursday denied bank groups an en banc hearing from all 11 appellate judges, but bankers said Friday that they're considering taking the case to the Supreme Court.
December 13 -
As bank locations close, credit unions are filling the gap in many major cities, but the study also showed CU facilities closing up shop in high numbers.
December 12 -
Many business customers are putting off expansion because they can’t find enough workers to fill available jobs.
December 11 -
The bank, whose 7(a) originations have plummeted in recent years, is developing a portal that will let applicants upload documents, complete forms and track application progress.
December 11 -
More than 50 banks and banking groups responded to the National Credit Union Administration's call for public comment as it attempts to explain why a new field of membership provision won't permit redlining.
December 10 -
Raging Capital Management also urged the company's board to repurchase stock and think about selling a minority stake in the payments processor Evertec.
December 10 -
Raging Capital Management also urged the company's board to repurchase stock and think about selling a minority stake in the payments processor Evertec.
December 10 -
The company will gain branches in Northampton County as part of the $79 million deal.
December 10 -
Fairfax County Federal Credit Union's new name is intended to illustrate a reach well beyond what its original name implies.
December 10 -
Big Tech’s entry into the financial services space and changes in consumer behavior patterns could push some institutions away from Facebook and Twitter, but a host of new platforms are vying for the industry's attention.
December 10 -
Absorbing Health Facilities FCU will deepen S.C. Federal's presence in the city of Florence.
December 9 -
The deal will create a bank with nearly $50 billion in assets.
December 9 -
Cost cutting and systems integrations are short-term priorities, but over time CEO Kelly King and his heir apparent, Bill Rogers, will have to exploit the combined BB&T-SunTrust's revenue potential and prove the biggest post-crisis merger was a good idea.
December 9 -
The company will merge Fidelity Savings and Loan and Washington Savings Bank into its own bank.
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