Location Root Tag

The Ohio Division of Financial Institutions closed Columbia Savings Bank in Cincinnati on Friday.

Niche banks face a challenge when they consider acquisitions: they want to grow without undermining their specialized business models. First Business in Madison, Wis., worked around the problem by searching far and wide till it found a very similar bank in Kansas that wanted to sell.

FNB Bancorp (FNBG) in South San Francisco is expanding into the East Bay with a deal to acquire Valley Community Bank in Pleasanton.

First Business Financial Services (FBIZ) of Madison, Wis., said Friday that it is acquiring the parent company of Alterra Bank in Leawood, Kan., for roughly $30.1 million in cash and stock.

ROYAL OAK, Mich. — Is NCUA's proposed rule regarding associational common bonds a reaction to banker arguments that some CUs make it too easy for consumers to join?

AUSTIN, Texas — While there are numerous customer relationship management (CRM) tools on the market, out-of-the-box solutions usually don't do the trick.

BURBANK, Calif. — UMe Federal Credit Union had a problem. Though the $160 million, one-branch CU had a mobile banking application available to its 13,050 members, only a small percentage were using the service.

VIENNA Va. — One credit union has been so successful promoting itself on Facebook, that even Facebook took notice, publishing a case study based on the results.

FORT WORTH, Texas — For many online banking transactions, "taking" and "holding" are two different concepts.

FORT ATKINSON, Wis. — If waiting is the hardest part, why not do away with the wait?

NEW ORLEANS — A concept designed to expand what credit unions can do with mobile banking and on mobile devices is the winner of the 2014 CO-OP THINK Prize and $10,000 furnished by MasterCard.

MIDDLETOWN, Ohio — MidUSA CU has launched a holographic telepresence system that virtually allows staff to be in two places at once.

Harvard Illinois Bancorp (HARI) has extended its string of victories against activist investor Joseph Stilwell.

DUMFRIES, Va. — A credit union to serve professional and amateur athletes, and their families, has received preliminary charter approval from NCUA, according to the CU's organizer.

ALEXANDRIA, Va. — Despite the threat of civil money penalties for submitting late call reports, and NCUA issuing warning letters after the January deadline, more than 100 CUs still filed late as of the April 25 filing date.

Eastern Virginia Bankshares (EVBS) of Tappahannock, Va., said Thursday that it intends to repay $15 million of its Troubled Asset Relief Program aid by late in the second quarter.

David Malone, former CEO of Community Bank in Pasadena, Calif., was appointed to BBCN's board, which expanded to 11 members.

Community 1st Bank (CFBN) of Auburn, Calif., shuffled its executive team on Thursday after re-appointing Robert C. Haydon, the bank president and chief executive officer, as board chairman.

ALEXANDRIA, Va. — The NCUA board unanimously approved a field-of-membership expansion for AERO FCU Thursday during its monthly board meeting.

DUMFRIES, Va. — A credit union to serve professional and amateur athletes, and their families, has received preliminary charter approval from NCUA, according to the CU's organizer.