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First Savings Bank (FSFG) in Clarksville, Ind., is switching charters as part of a broader plan to expand its commercial banking business.
May 22 -
WASHINGTON Despite over 1,000 letters reaching NCUA Wednesday morning, CUNA and NAFCU contend the risk-based capital rule comment period has been too short and may lead to a final rule that would negatively impact credit unions.
May 22 -
Hampton Roads Bankshares (HMPR) is launching a marine financing unit for its subsidiary Shore Bank.
May 21 -
Eight community banks have transferred their shares to a new trading platform operated by OTC Markets Group in a bid to increase visibility for their stocks.
May 21 -
The First Bancorp (FNLC) in Damariscotta, Maine, announced that its chief executive is retiring early next year and will be replaced by its chief operating officer.
May 21 -
NEW ORLEANS CO-OP Financial Services plans to back a multi-faceted marketing program aimed at promoting credit unions to Americans born after 1980, otherwise known as "Generation Y" or "Millennials."
May 21 -
PLANO, Texas Credit union CEO confidence in the economy has climbed to its highest level in more than six years, according to Catalyst Corporate FCU's Q1 CEO Confidence Survey.
May 21 -
Solera National Bancorp (SLRK) in Lakewood, Colo., said it is willing to negotiate with an activist investor on filling some board seats.
May 20 -
The Federal Reserve Board has terminated a cease-and-desist order against Central Federal (CFBK) in Worthington, Ohio.
May 20 -
NEW ORLEANS Millennials are open to switching financial institutions, which is great news for credit unions but only if they are prepared to act quickly.
May 20 -
The Puerto Rican company is looking to shore up its capital levels after the FDIC invalidated about 40% of its Tier 1 capital. Management will have plenty of challenges as it looks to fill the capital hole.
May 20 -
Shore Bank, a subsidiary of Hampton Roads Bankshares (HMPR) in Virginia Beach, Va., is opening its third branch on the Eastern Shore of Maryland.
May 20 -
New York consumers who paid exorbitant interest rates to the online lender Western Sky and the online loan servicer CashCall can begin filing claims to collect refunds.
May 20 -
Second Curve Capital in New York cashed out of two bank holdings in the first quarter.
May 20 -
The NCUA is fully aware of credit unions' concerns about its proposed risk-based capital rule, including discretionary examiner authority to set capital standards and the rule's impact on some shops' business lending.
May 20 -
After dropping its first "pop up" branch in Atlanta less than a year ago, PNC Bank has opened a second in Chicago's Congress Plaza.
May 20 -
LAS VEGAS The good news: CUs set a new record for lending origination volume in 2013. The bad news: that's still not good enough. The answer: it's time to figure out how to "steal market share."
May 20 -
CommunityOne Bancorp (COB) in Asheboro, N.C., plans to sell stock it issued the Treasury Department as part of the Troubled Asset Relief Program.
May 19 -
The Rent Stabilization Association of New York, a landlord group, and Housing Partnership, a nonprofit, have jointly launched a brokerage to connect owners of small and midsize New York apartment buildings with banks and lenders.
May 19 - Kansas
WICHITA, Kans. Could $10 million in missing deposits have caused the liquidation of Parsons Pittsburg CU here?
May 19





