Location Root Tag

LOS ANGELES — Reactions were mixed following NCUA's first "Listening Session" on the proposed risk-based capital rule here last week.

ALEXANDRIA, Va. — NCUA announced Monday that it has approved a federal charter for First Unity Federal Credit Union in McComb, Miss.

Bank of the Ozarks recently overhauled how it awards bonuses after a big dip in shareholder approval, showing how much weight some banks place on the nonbinding measures and how proxy-advisors can swing the vote.

Bryn Mawr Bank (BMTC) in Pennsylvania will call a special meeting of shareholders to approve a new equity compensation plan after certain stock awards ran afoul of the Nasdaq.

ALEXANDRIA, Va. — NCUA issued six prohibition orders Monday, banning the following people from participating in the business of any federally insured financial institution.

Katahdin Bankshares (KTHN) in Houlton, Maine, has completed a $10 million private placement.

WASHINGTON — Regulators on Friday closed Freedom State Bank, in Freedom, Okla., the 12th institution to fail this year.

Customers Bancorp (CUBI) in Wyomissing, Pa., has raised $133.2 million in a private placement.

United Community Banks (UCBI) in Blairsville, Ga., has acquired Business Carolina, a commercial lender in Columbia, S.C.

SAN JOSE, Calif. — The San Francisco Bay Area is a "very crowded" market, with "high competition" among the many credit unions, banks and other financial service companies that are here.

MOUNTAIN VIEW, Calif. — At $6.8 billion in assets, First Technology FCU is the 10th largest credit union in the nation — and it enjoys the unique perspective of serving members in two of the hottest markets: Silicon Valley in Northern California and Lane County, Oregon.

SAN JOSE, Calif. — How incredible is the housing market in and around the fabled Silicon Valley, the Northern California home of innumerable tech companies?

SAN FRANCISCO — As credit union leaders from across the U.S. flock here for CUNA's America's Credit Union Conference this week, they will find most San Francisco Bay Area CU executives with big smiles on their faces.

SAN JOSE, Calif. — Should credit union in the Bay Area be worried about a housing bubble?

MORA, Minn. — Members of Greater Minnesota CU here have approved a merger with SPIRE CU, which will be the continuing credit union.

WASHINGTON — On the 80th anniversary of the signing of the Federal Credit Union Act, the White House delivered a message from President Barack Obama Thursday praising CUs for the "vital" role they play in the economy and in the lives of Americans.

KPMG Corporate Finance has acquired the assets of Denver investment bank St. Charles Capital.

MidFirst Bank in Oklahoma City said Thursday that it will purchase Steele Street Bank & Trust in Denver, Colo.

Metro Bancorp, once an aspiring acquirer, is fielding complaints from a trio of investment firms that believe management is incapable of meaningfully improving the company's performance.

The Pittsburgh bank held a topping-out party at its fancy new downtown headquarters this week, and Chairman and CEO William Demchak welcomed back his recent predecessor, James Rohr, with a combination of praise and humor.