Location Root Tag

HCBF Holding in Fort Pierce, Fla., has agreed to buy Highlands Independent Bancshares in Sebring, Fla.

LOVES PARK, Ill. — Police are still searching for an armed robber who discharged his weapon inside the main office of Rockford Bell Credit Union Thursday before fleeing from the CU with an undisclosed amount of money.

Community & Southern Holdings in Atlanta has agreed to buy Alliance Bancshares in Dalton, Ga.

ANB Bank in Denver has agreed to buy Capital West Bank in Laramie, Wyo.

MOORE, Okla. — One year after a devastating EF-5 tornado leveled this town and destroyed the Tinker FCU branch here, employees who survived that day — riding out the storm in the CU's vault — are back at work.

FITCHBURG, Wis. — Summit CU remodeled its branch here in early 2013 as part of a move to "inspire" members to dream more, and the project appears to have paid off.

There are two basic ways to boost the bottom line: increase profit, decrease expenses.

EL SEGUNDO, Calif. — As checking rates finally begin to inch upward this year, CUs are well ahead of banks in the average yield paid on checking products, according to GoBankingRates.

NEW YORK — Credit unions looking to enhance their respective bottom lines have no shortage of vendors vying to prove they have the best-in-breed solutions. To remain competitive and forward-looking, vendors are continually taking proactive measures, including fielding client feedback.

ALEXANDRIA, Va. — The NCUA remains committed to workforce diversity as a key to success for the organization, despite the agency failing to meet 60% of its own workplace target goals last year.

ROYAL OAK, Mich. — NCUA's proposal to amend the agency's chartering and field of membership rules could slow indirect lending at some credit unions, say industry insiders.

Cullen/Frost Bankers (CFR) in San Antonio has agreed to refrain from announcing more acquisitions until it improves its compliance programs.

MIAMI — Many credit unions looking for more ways to boost the bottom line in this low-interest-rate environment are running out of options.

John Blizzard, who has more than 23 years of banking and financial services experience, most recently served as president and chief executive of Northwest Bank in Boise, Idaho. He succeeded Patrick Patrick, who has been the $216 million-asset Seattle Bank's CEO for four years.

Jacksonville Bancorp (JAXB) in Florida is eliminating 16% of its work force to cut costs.

Bankwell Financial Group (BWFG) of New Canaan, Conn., raised nearly $49 million through its initial public offering.

Summers — a World War II veteran, businessman and civic leader in southeast Texas — was a director of the bank since 1951, including more than two decades as chairman. He died Tuesday at 95.

Pulaski Financial (PULB) in St. Louis is looking to convert to a national bank from a federal savings bank.

Glass-Lewis wants Solera's investors to reject a slate from the Colorado company’s biggest shareholder. ISS is urging people to withhold support for eight of Solera’s 11 nominees – though the proxy firm is unwilling to endorse any alternates.

WASHINGTON — The Senate Banking Committee passed major legislation to overhaul the housing finance system on Thursday, but observers say a quiet death likely awaits it due to a lack of greater support from key lawmakers.