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Republic Bancorp (RBCCA) of Louisville, Ky., announced Monday the merger of two of its subsidiaries: Republic Bank, a federally chartered savings association, and Republic Bank & Trust Co., a state-chartered commercial bank.
May 12 - Wisconsin
OSHKOSH, Wis. Two employees of Oshkosh Central CU have been suspended following an investigation by the state's credit union regulator that has uncovered serious financial irregularities at the $28 million credit union.
May 12 -
Banc of California (BANC) in Irvine, Calif., swung to a loss in the first quarter as expenses ballooned following its acquisition of the Private Bank of California
May 9 -
WASHINGTON The Financial Stability Oversight Council on Wednesday expanded its transparency policies in an attempt to address criticism that it is a secretive group with minimal oversight.
May 9 - Maryland
LAUREL, Md. Jeffrey Goff has been named CEO of the $23 million WSSC FCU.
May 9 -
Rodger Levenson of WSFS Financial (WSFS) in Wilmington, Del., has been appointed chairman of the Delaware Bankers Association.
May 9 - Florida
COVINA, Calif. Boards needing better skills, CEO comp plans calling for some serious adjustments and solutions to keep the front-line staff at the CU are just some of the hurdles facing human resources executives today.
May 9 -
HOUSTON Teaching financial literacy to kids? There's an app for that and it's one of the three finalists for this year's CO-OP THINK Prize.
May 9 -
Taylor Capital (TAYC) in Chicago is no longer looking to sell its mortgage banking operation.
May 9 - California
BURBANK, Calif. A year after winning the CO-OP THINK Prize, Robert Baron is looking on the bright side.
May 9 -
NORTH HAVEN, Conn. A concept intended to serve as "a sustainably innovative solution" to the ever-expanding mobile banking landscape has been selected as one of this year's three finalists for the CO-OP THINK Prize.
May 9 - New Jersey
PARSIPPANY, N.J. Tiny Essex Division Telephone Federal Credit Union of Maplewood, N.J., with just $8.4 million in assets, is merging into $292 million Garden Savings Federal Credit Union, headquartered here, effective May 31.
May 9 -
CHICAGO A customizable website to help credit unions promote financial education made the final three at this year's CO-OP THINK Prize.
May 9 -
CINCINNATI As banks cut back on branches, credit unions are stepping up their interest in bricks-and-mortar service delivery.
May 9 -
First Farmers Financial (FFMR) in Converse, Ind., has agreed to buy seven branches in Indiana from Bank of Montreal's BMO Harris Bank.
May 9 -
GLENDALE, Calif. When it was time to remodel its branch here earlier this year, Los Angeles Federal Credit Union installed touch screen and other technology to up its cool quotient.
May 9 -
SAN ANTONIO Credit union branches are less likely to be a "destination" for members, so the key is to be where the members already are. That's why progressive CUs are exploring and expanding in-store branch opportunities.
May 9 - New Mexico
TAOS, N.M. After removing confidential credit union documents out of an unlocked courier van, a would-be thief was foiled by an off-duty police officer eating at a local drive-in restaurant here who spotted the alleged burglary in progress.
May 9 -
Hampton Roads Bankshares (HMPR) in Virginia Beach, Va., reported higher net income that largely reflected lower expenses and a spike in income from bank-owned life insurance.
May 9 -
Glacier Bancorp (GBCI) in Kalispell, Mont., has agreed to buy First National Bank of the Rockies in Grand Junction, Colo.
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