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Shelley Seifert had been the bank's chief operating officer.
May 1 -
It is comfortable with the deal for MidSouth despite the seller's lingering credit issues, given a shared history and the opportunity to add low-cost deposits.
May 1 -
It just got harder for banks in Georgia to enforce noncompete agreements in employee contracts. For employees of two merging banks, BB&T and SunTrust, the timing couldn’t be better.
May 1 -
SecureKey Technologies has partnered with Canada’s top banks and telcos to launch the country’s first federated digital identity network. The blockchain-based Verified.Me platform uses customer information from multiple databases to address a key problem in the digital world — proving you are who you claim to be.
May 1 -
Project 2025, a new venture from the Children's Miracle Network's Credit Unions for Kids program, has tapped 10 young credit union leaders to envision how the industry can improve its corporate giving.
May 1 -
Canada is making a big leap in modernizing identity verification, tapping blockchain technology to let consumers digitally prove who they are to securely access banking and other personal services.
May 1 -
Doug Fagan was named president as Sundie Seefried, who will remain CEO, spends more time on the credit union's cannabis banking division.
May 1 -
As credit unions attempt to bring in deposits to fund more loans, one institution's success story could offer a path for others.
May 1 -
Innovation is part of Emily Girsch's daily routine. That's why the chief financial officer at Lincoln Savings Bank in Cedar Falls, Iowa, spends a lot of time thinking about the need to modernize bank regulations for the digital age.
April 30 -
MidSouth had spent the last two years improving credit quality by reducing its exposure to energy credits.
April 30 -
Rising premiums and lengthy earn-back periods have made investors more skeptical than ever about M&A. So the sooner banks are able to convert systems and rebrand, the sooner they'll be able to meet the promised cost-cutting and revenue targets.
April 30 -
The Department of Financial Services has created a statewide financial protection division focused on corporate compliance and consumer issues, in line with steps taken by New Jersey and Pennsylvania.
April 30 -
China's massive card network UnionPay has signed a merchant acquiring agreement with Worldline to bring acceptance of UnionPay cards into 40,000 merchant locations across northwest Europe.
April 30 -
The company, which has invested $3 million in fintech in recent years, said the value of the portfolio is nearing $14 million.
April 30 -
The good times continue to roll for two New York City marshals whose work collecting debts for predatory lenders is making them millionaires.
April 30 -
Val Mindak, who has led Park City Credit Union for a decade, will help advise Minneapolis Fed President Neel Kashkari.
April 30 -
The Boston company gained the mortgage platform when it bought First Choice in 2017.
April 30 -
A promotion from U.S. Community Credit Union has helped boost business and increase social media engagement, but some analysts fear this credit union and others may be relying too heavily on post-recession messaging.
April 29 -
The NCUA is letting Union Yes in California raise capital by turning to temporary funding sources, which banks have complained is an example of the regulator's overreach.
April 29 -
The Houston company has already converted the systems and brand from January's acquisition, allowing it to focus more on bringing in business.
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