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Zember abruptly resigned as CEO of Ameris Bancorp last summer.
February 20 -
David Brager, the California company's sales division manager, will replace Christopher Myers on March 16.
February 20 -
The U.K.’s departure from the European Union is still causing lots of headaches for financial technology companies, but there’s now enough clarity to work with. And that often means operating from a new address.
February 20 -
The credit union regulator had amassed the loans following the liquidation of several New York-area credit unions with high concentrations of taxi medallion loans.
February 19 -
The Western Michigan city has been a hotbed of credit union activity given its low unemployment rate.
February 19 -
Japan’s Mitsubishi UFJ Financial Group Inc. is investing more than $700 million in Southeast Asian ride-hailing giant Grab, gaining access to millions across the region that use the mobile app to book cars and meals.
February 19 -
The company will pay $130 million for Commerce Financial Holdings.
February 18 -
Ericson State Bank, which had been in regulators’ sights for a decade, was closed by state and federal authorities Friday. Another bank acquired all of its deposits and a fraction of its assets.
February 14 -
Fort Worth City CU returned money to members who saved and borrowed from the credit union last year, though net income was down amid an increase in charge offs and delinquencies.
February 14 -
Hanover Bancorp is facing a proxy battle after its CFO and two other bankers bolted to a rival.
February 14 -
Gene Foley joined Harvard University Employees CU as a teller in 1979 and has been CEO since 1994.
February 14 -
The Raleigh, North Carolina, institution's payout for 2019 was 12% higher than the previous year.
February 14 -
Barca, as one of the world’s most popular football clubs is known, will issue tokens for use on a fan-engagement platform.
February 14 -
A large charge-off and an additional loan-loss provision reduced quarterly profit by 12%, to $47.8 million.
February 14 -
Section 705 FCU, originally chartered to serve postal employees, has a new chief executive following the retirement of its longtime CEO.
February 14 -
The North Carolina-based credit union hopes an injunction will prevent further use of that branding until a trademark infringement suit is settled.
February 13 -
Gulf Power Company Employees CU will merge into Tallahassee-based FSU Credit Union later this year, pending regulatory and member approval.
February 13 -
The deal for Trinity Capital in Los Angeles would further strengthen the company's capital markets capabilities.
February 13 -
The $800 billion grocery industry is keeping a sharp eye on a strip mall in the Woodland Hills neighborhood of Los Angeles. There, sandwiched between a nail salon and a bank branch, Amazon.com Inc. is working on the first in a new chain of grocery stores set to open this year.
February 13 -
Despite advances in anti-fraud technology, scams remain a major problem for the energy industry, as criminals continue to exploit vulnerabilities present within the current system.
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