Location Root Tag

FORT WAYNE, Ind. — Fort Financial CU and ITT Employees' FCU here have announced plans to merge.

Joseph Stilwell has reached a truce with another banking company.

Virginia National Bankshares (VABK) in Charlottesville, Va., is facing pressure from an activist investor to consider selling itself.

Wayne Savings Bancshares (WAYN) in Wooster, Ohio, is looking for a new chief executive.

WILKES-BARRE, Pa. — The death of Jim Payne, head of Wilkes-Barre City Employees FCU, has been ruled a suicide and the federal investigation surrounding the CU has heated up.

Huntington Bancshares (HBAN) in Columbus, Ohio, has poached as executive from U.S. Bancorp (USB) as its new chief financial officer.

Investors Bancorp (ISBC) in Short Hills, N.J., could raise more than $2.6 billion as part of a highly anticipated second-step conversion.

Piedmont Bancorp in Peachtree Corners, Ga., plans to raise $8 million through a private placement of subordinated debt and common stock.

NewBridge Bancorp (NBBC) in Greensboro, N.C., has issued nearly $16 million in subordinated debt to redeem all the preferred stock it issued under the Troubled Asset Relief Program.

A lawsuit alleges that Democratic Gov. Jerry Brown violated state law by diverting hundreds of millions of dollars from the national mortgage settlement into California's general fund.

Analysts Joseph Fenech and Kevin Fitzsimmons have resigned from the research department at Sandler O'Neill.

HUNTINGTON, Ind. — Huntington Schools CU is now Partners 1st FCU after the two shops finalized a merger this week.

A Florida woman has accused the New York bank of relying on robo-signed documents as it tried to collect unpaid credit card balances. She seeks class-action status for her lawsuit.

Third Federal Savings and Loan in Cleveland is planning to expand its residential lending into several additional states.

The Federal Reserve Bank of New York has terminated a regulatory agreement with Intervest Bancshares (IBCA), declaring that the New York City company has satisfied all the provisions of the pact.

TAMPA, Fla. — From smartphone control of plastic to a growing need for tokenization, all the data breaches that have occurred in the last six months have created a buzz among analysts about how the compromises will affect cardholders and FIs.

MANSFIELD, Texas — Texas Trust Credit Union says it wants to be a $1 billion institution by the end of 2016, and the CU is moving in that direction with double-digit growth in assets, loans and members last year.

HAUPPAUGE, N.Y. — Many credit unions are missing out on auto lending opportunities because they're not engaging with their members early enough in the car-buying process.

ALEXANDRIA, Va. — After switching to a new analytics vendor, $16.8 billion Pentagon Federal Credit Union reports that it has improved the application process for its branded credit card, increasing the conversion rate on applications.

MADISON, Wis. — One of the most visible changes at credit unions in the wake of the Great Recession has been the sharp increase in expectations for credit union directors — especially when it comes to financial education.