- New York
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.
May 16 - Virginia
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.
May 16 -
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.
May 16 -
Cullen/Frost Bankers (CFR) in San Antonio has agreed to refrain from announcing more acquisitions until it improves its compliance programs.
May 16 -
MIAMI Many credit unions looking for more ways to boost the bottom line in this low-interest-rate environment are running out of options.
May 16 -
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.
May 15 -
Jacksonville Bancorp (JAXB) in Florida is eliminating 16% of its work force to cut costs.
May 15 -
Bankwell Financial Group (BWFG) of New Canaan, Conn., raised nearly $49 million through its initial public offering.
May 15 -
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.
May 15 -
Pulaski Financial (PULB) in St. Louis is looking to convert to a national bank from a federal savings bank.
May 15 -
Glass-Lewis wants Solera's investors to reject a slate from the Colorado companys biggest shareholder. ISS is urging people to withhold support for eight of Soleras 11 nominees though the proxy firm is unwilling to endorse any alternates.
May 15 -
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.
May 15 -
Doral Financial (DRL) is evaluating its legal options after Puerto Rico rejected the company's request for a $230 million refund of overpaid taxes.
May 15 -
A founding director at Touchmark Bancshares in Georgia claims he was ousted after questioning the bank's strategy. Now he is lobbying for the company's sale.
May 14 -
Taylor Capital (TAYC) in Chicago has been notified by the Federal Reserve Board that its bank is facing an enforcement action for employing deceptive trade practices.
May 14 -
Kennebec Savings Bank has a 19th century charter, but it is poised for a complex conversion to deal with modern challenges like activists investors, M&A pressures and even Basel III.
May 14 -
Attendees at this year's D.A. Davidson Conference believe the approval process is calming down somewhat. Other bankers say they are looking to lower capital levels, with many showing an interest in deposit-rich franchises.
May 14 -
Banc of California (BANC) in Irvine is looking to raise $100 million by selling common stock and tangible equity units.
May 14 -
BREA, Calif. South Western FCU and Credit Union of Southern California have announced their intent to merge, pending approval from state and federal regulators and SWFCU members.
May 14 -
Huntington Bancshares (HBAN) keeps expanding in Michigan, agreeing to buy 13 more branches from Bank of America (BAC).
May 14







