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American Bank in Fond du Lac, Wis., has agreed to buy InvestorsBank in Waukesha, Wis. American Bank, a unit of NEB Corp., will have more than $450 million in assets when the merger is completed.
July 7 -
Idaho Independent Bank (IIBK) in Boise will offer medical savings accounts to American Health Value customers.
July 7 -
Steele Street Bank & Trust decided to find a buyer when CEO Bob Malone realized the bank lacked the size to adequately court business in the Mile High City.
July 7 -
SAN FRANCISCO The flurry of regulations coming out of CFPB were expected to drive some credit unions right out of the mortgage business, but the "big dog" of mortgage regulation is yet to come, and that one might finally do the trick, according to one compliance expert.
July 7 -
Banc of California (BANC) in Irvine says it booked more than $1.4 billion in loans during the second quarter.
July 7 -
GNB Financial Services in Gratz, Pa., has agreed to buy FNBM Financial in Minersville, Pa.
July 7 -
MainStreet Bank (MNSB) in Fairfax, Va., reported higher profits on double-digit loan and deposit growth in the second quarter.
July 3 -
Plaza Bank (PZBW) in Seattle has raised $4.2 million through a stock offering. The $79 million-asset bank said in a press release Thursday that unnamed individual investors participated in the offering.
July 3 -
Investar Holding (ISTR) in Baton Rouge, La., raised more than $40 million from its initial public offering.
July 3 -
UMB Financial (UMBF) in Kansas City, Mo., will settle a dispute over an asset purchase agreement.
July 3 -
MBT Financial (MBTF) in Monroe, Mich., has been freed from a consent order under which it had been operating for the last four years.
July 3 -
MADISON, Wis. Credit union lending continues to improve, with loan portfolios rising by 1.2% in May, the biggest monthly increase in nine years, according to CUNA's monthly sample of CUs.
July 3 -
Sun Bancorp (SNBC) in Mount Laurel, N.J., will eliminate nearly 40% of its work force as part of a major cost-cutting effort.
July 3 -
ALEXANDRIA, Va. NCUA has terminated its Letter of Understanding and Agreement with Valley Pride FCU of Plains, Pa.
July 3 - Nevada
LAS VEGAS Offering members credit monitoring after a data breach is akin to a smoke alarm defense to fraud the fire has already started.
July 3 -
LAS VEGAS Credit Union Journal asked CU lending executives to talk about the "new normal" in auto lending, offering insight into the differences to be found in the market today compared to just a few years ago.
July 3 -
LAS VEGAS The key to successful credit union auto lending programs is to "be there when the members are."
July 3 -
PRINCETON, N.J. New car sales in the U.S. will finally return to pre-recession levels this year. But with that comeback and corresponding hike in consumer and lender confidence problems lurk on the horizon.
July 3 -
LAS VEGAS The auto lending world is moving inexorably to a model that features mobile technology and is fueled by impatience.
July 3 -
Franklin Synergy Bank in Franklin, Tenn., is taking a look at going public.
July 2
