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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.
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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.
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CHICAGO A customizable website to help credit unions promote financial education made the final three at this year's CO-OP THINK Prize.
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CINCINNATI As banks cut back on branches, credit unions are stepping up their interest in bricks-and-mortar service delivery.
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First Farmers Financial (FFMR) in Converse, Ind., has agreed to buy seven branches in Indiana from Bank of Montreal's BMO Harris Bank.
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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.
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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.
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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.
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Glacier Bancorp (GBCI) in Kalispell, Mont., has agreed to buy First National Bank of the Rockies in Grand Junction, Colo.
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Kevin Cummings, CEO of Investors Bancorp, wants to reach $30 billion in assets in the next six years, but he admits that Investors must sharpen its focus on commercial clients to achieve that objective.
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U.S. Bancorp (USB) supported $202 million of tax-credit-based financing in the southeastern United States last year, more than doubling its community development financing from the previous yea
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United Community Bank (UCBI) in Georgia is expanding its Small Business Administration funding by acquiring a portion of Business Carolina's (BCI) operations.
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The long wait is finally over for Mercantile Bank (MBWM) in Grand Rapids, Mich., as it looks to acquire Firstbank (FBMI) in Alma, Mich.
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First Niagara Financial (FNFG) in Buffalo is shelling out another six-figure sum for severance tied to an ousted executive.
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National Bank Holdings (NBHC) in Greenwood Village, Colo., has consolidated the roles of chairman and chief executive.
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Bankers have complained that the federal government's crackdown on their relationships with payday lenders and other merchants has gone too far, but Justice officials said in a blog post that banks that abet fraudsters' use of the payment system should be punished.
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Bank of the Ozarks (OZRK) in Little Rock, Ark., is encouraging shareholders to support its proposal to more than double its authorized common stock.
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