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Prudential Savings Bank in Philadelphia has hired Douglas Smith to be its chief lending officer. Smith most recently served as chief credit officer at Noah Bank in Elkins Park, Pa.
August 31 -
Northwest Bancorp. in Spokane has raised $20 million from a private placement of common stock. Northwest plans to use some of the proceeds to complete its acquisition of Fairfield Financial Holdings, which was announced in late June.
August 31 -
HOUSTON Larry Seidl is set to take over as CEO of Smart Financial CU here after current CEO Gary Tuma retires at yearend. Seidl currently serves as SVP and chief lending officer at the $632 million-asset credit union.
August 31 -
Riverview Bancorp in Vancouver, Wash., has reached a truce with the activist investment firm Ancora Advisors.
August 31 -
A new battle is brewing between Fannie Mae and Freddie Mac as the government-sponsored enterprises set out to boost their purchases of low down payment loans.
August 31 -
After years of heated debate, NCUA Chairman Debbie Matz has announced the federal regulator will open up the methodology it uses to calculate the OTR to public comment. Here, CU Journal offers a look at how and why OTR was created, and how we got to this point.
August 31
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The National Association of Federal Credit Unions is calling for stricter regulation of marketplace lending.
August 31 -
A data breach-related court case involving Wyndham hotels and new Defense Department rules governing contractors provide banks some dos and don'ts in bringing vendors' security practices into line.
August 31
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The National Association of Federal Credit Unions is calling for stricter regulation of marketplace lending.
August 31 - PSO content
Digital money transfer provider SimbaPay has expanded its deposit service to Choice Microfinance Bank, an institution founded by Kenyans abroad.
August 31
