Location Root Tag

ALEXANDRIA, Va. — NCUA issued its prohibition orders for the month of March on Monday, this time barring only one person from participating in the affairs of any federally insured financial institution.

SAN FRANCISCO — SF Police Credit Union made it official for Eddie Young last week, announcing he is the new head of the $730 million institution. Young had been serving as acting president and CEO since September 2013.

Hudson Valley Holding (HVB) in Yonkers, N.Y., announced Friday that the chief administrative officer of its bank is leaving to take the helm of a New York trust.

The Federal Deposit Insurance Corp. issued two consent orders and terminated 21 enforcement actions in February, according to its latest roundup of regulatory orders.

PITTSFIELD, Maine — Sebasticook Valley FCU is stepping in to help employees of the UTC Fire and Security plant here, which will be shutting down next year.

Golden Pacific Bancorp and financial technology firm Better Finance have teamed up to create an online lending program that is designed to sharply reduce the time it takes to approve and process an SBA loan.

The $3 billion-asset said in a press release Thursday that Matthew Lindenbaum, principal of Basswood Capital Management, had become a director.

WASHINGTON — Senate Banking Committee leaders said Friday they would hold a panel vote on April 29 to reform the housing finance system.

Cowboy State Bank in Ranchester, Wyo., has been freed from a written agreement with the Federal Reserve Board.

A former loan officer at Colorado East Bank & Trust in Lamar, Colo., has admitted to his role in a $1.2 million fraud scheme.

Los Angeles banker Maria Contreras-Sweet has been confirmed as the new head of the U.S. Small Business Administration.

FirstBank in Lexington, Tenn., is expanding its operations in Alabama by opening a Huntsville branch.

Volunteering at nonprofits is a good place to start, high-ranking female bank executives told attendees at a recent conference. Women also need to confront barriers head on.

Great Southern Bancorp (GSBC) in Springfield, Mo., reeled in more deposits and loans from a recent branch deal compared to what it had originally forecast.

Fifth Third Bancorp (FITB) has consolidated its Indiana operations after two division chiefs in the state announced their retirements.

BB&T (BBT) in Winston-Salem, N.C., has agreed to buy insurance agency Woodbury & Co.

Yadkin Financial revealed in a regulatory filing that merger talk is running rampant across the state. Yadkin agreed to merge with VantageSouth in January to create North Carolina's biggest community bank.

WASHINGTON — Top Democrats on the House Financial Services Committee are asking several federal agencies — including the NCUA — to provide more information about their employment policies and practices with regard to minorities and women.

EL SEGUNDO, Calif. — A recent study found the No. 1 feature consumers look for in a bank or credit union is low or no fees, which should be an advantage credit unions can leverage, according to one analyst.

WASHINGTON — Credit union executives are growing more dissatisfied with the examination process, according to the latest numbers from CUNA on CEO exam satisfaction.