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The company said it could use proceeds from selling common and preferred stock to increase lending and add branches.
May 9
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The coastal city quickly rebounded after being hit by Hurricane Harvey in August 2017.
May 9
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The proposed merger will create a bank with more than $1 billion in assets.
May 9
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Consolidation activity was ho-hum for most of April before a burst of transactions — and notable ones at that — were announced in the month's final week.
May 8
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Pinnacle Bank chief Terry Turner never lacks specifics. He wants to expand inside a triangular zone that connects three Southern and mid-Atlantic cities, aims to enter five particular markets, and speaks bluntly about his plans for hiring alums of BB&T and SunTrust.
May 8
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The Credit Union National Association has partnered with the group to help distribute the platform to financial institutions free of charge.
May 8
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Jill Nowacki has announced plans to enter the credit union consulting space. An interim leader has not yet been named.
May 8
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Japanese credit card brand JCB is working with Viva Wallet to build its merchant base in Europe as part of its ongoing expansion to new global markets.
May 8 -
Facebook Inc. intends to drive a global expansion of mobile payments on WhatsApp from London, accelerating its efforts to make money off the popular messaging service.
May 8
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Bank 34 will no longer sell mortgages in the secondary market as it looks to reduce its reliance on volatile revenue streams.
May 7
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The Mile High City has been disrupted by a number of big bank mergers, which could increase competitive pressures on CUs across the state.
May 7
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Triad Business Bank adds to the list of de novo efforts taking place in the state.
May 7
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Lawmakers from both parties oppose a Small Business Administration proposal to raise guarantee fees. The clash could lead to a halt in operations this fall.
May 7
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The collaboration will include establishing an i3 presence at CU Direct's Irvine, Calif., campus.
May 7
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Sound Bank has new management as part of the transaction. It will also get a new name and expand into higher-growth markets.
May 7
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The credit unions, all of them small institutions, will pay a total of $4,069 in penalties for tardy submission of Q3 2018 all reports.
May 7
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A recent study shows credit unions are likely to be increasingly reliant on vendor partners if they want to maximize efficiency and security in the account-opening process.
May 7
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The Odon, Ind.-based credit union also grew its membership to over 50,000, up more than 9% from a year earlier.
May 6
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The Mile High City has been disrupted by a number of big M&A deals, providing an opening for other banks to benefit.
May 6
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The Maryland company has hired interim CEO Susan Riel to officially take over the post.
May 6
