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Lawrence Seidman helped arrange a face-to-face meeting of the companies' leaders, according to a regulatory filing. He also agreed to sell more than 2.3 million shares of Center stock to move the deal along.
May 2 -
First Bancorp (FBNC) in Southern Pines, N.C., saw its earnings nearly double in the first quarter from a year earlier behind higher net interest margin, lower provision for loan losses and higher fee income.
May 2 -
Ocean Bank in Miami has been freed from an enforcement action by state and federal regulators.
May 2 -
BALTIMORE More than a quarter of a million videos turn up on YouTube when users search for the words "credit union."
May 2 -
PLEASANTON, Calif. The writing is not on the wall it's on your phone.
May 2 -
SAN JOSE, Calif. Perhaps the biggest question swirling around last month's Finovate conference is: why are mobile payments still more hope than reality?
May 2 -
It's about to get a lot harder for credit unions to reach their members on Facebook.
May 2 -
SAN DIEGO Credit unions have vastly expanded their online footprint in recent years by establishing a social media presence, but the social media landscape for CUSOs is less clear.
May 2 - Virginia
FAIRFAX, Va. As financial institutions begin to shift their marketing dollars from traditional media to digital, analysts say online spending can be good for credit unions but only if they wisely allocate budgets in this marketplace.
May 2 -
WASHINGTON As a bill that could bring monumental changes to Fannie Mae and Freddie Mac works its way through the Senate, some credit union executives are concerned that larger players would have too many advantages at the expense of small lenders.
May 2 -
WASHINGTON The indications from Congress are clear: there will be reforms made to the secondary mortgage system that long has relied on government-sponsored enterprises Fannie Mae and Freddie Mac but the $9.4-trillion question is: what will the new system look like?
May 2 -
A consumer debt collection agency was shut down by New York Attorney General Eric Schneiderman on Thursday morning after dozens of complaints were filed about the company's business tactics.
May 1 -
The Colorado state legislature could decide soon if a new type of financial services co-operative though not a credit union will be created to serve the marijuana industry in the state.
May 1 - Colorado
DENVER The Colorado state legislature could decide soon if a new type of financial services co-operative though not a credit union will be created to serve the marijuana industry in the state.
May 1 -
HOBBS, N.M. After 18 months of heading two New Mexico credit unions 18 miles apart, CEO Mark Roddenberry is delighted $45 million Lea Community Federal Credit Union and $13 million Estacado Credit Union have officially merged.
May 1 -
Floridian Financial Group in Lake Mary, Fla., is merging its subsidiaries, Orange Bank of Florida in Orlando and Floridian Bank in Daytona Beach, under the Floridian Bank name.
May 1 -
S&T Bancorp (STBA) in Indiana, Pa., saw its first-quarter profits rise 14% from the same period last year, to $14 million, due to organic loan growth, and improved expense control and asset quality.
May 1 -
CertusBank in Greenville, S.C., continues to lose money, largely because of high expenses. The $1.6 billion-asset company lost $9 million in the first quarter, according to a call report filed with the Federal Deposit Insurance Corp.
May 1 -
Fueled by strong loan and deposit growth, BBVA Compass in Birmingham, Ala., said Thursday that its first-quarter profits climbed 4% from the same period last year, to $114 million.
May 1 -
Sterling Bancorp (STL) in Montebello, N.Y., said that its fiscal second-quarter profit rose 58% after it expanded through its merger with Provident New York Bancorp.
May 1






