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The acquisition also includes $525 million in deposits and $120 million in loans.
April 22 -
The bank is investing more in its digital capabilities, according to The Cincinnati Enquirer.
April 22 -
Credit union professionals offered insights into how technology is changing the collections process during the recent National Credit Union Collections Alliance conference in Las Vegas.
April 22 -
As threats from nimble fintechs and global e-commerce companies abound, Visa’s turning to open development tools to place itself in the middle of the innovation, rather than making a solitary counterplay itself.
April 22 -
The bank is expecting to benefit from the discount airline's first flights to the Aloha State even as a white-hot local housing market starts to cool.
April 22 -
The Minneapolis bank will open about 10 branches in North Carolina's largest city by the end of next year, adding to already intensifying competition among big banks.
April 22 -
Price Chopper Employees Federal Credit Union is the second institution to merge into the Latham, N.Y.-based Sunmark in recent months.
April 22 -
Spokane Teachers Credit Union will transfer the assets and liabilities to a nearby branch.
April 22 -
The Banner branch in Sandpoint, Idaho, will be closed and its assets and deposits will be transferred to a nearby STCU location once the deal is completed.
April 22 -
Columbia Banking CEO Hadley Robbins says he's confident the bank can grow on its own as the number of buyout targets in the Pacific Northwest dwindles.
April 22 -
Getting consumers to switch to electronic statements is difficult but there are a few strategies credit unions can try to encourage them to go digital.
April 22 -
The current compensation rule, which was last updated more than two decades ago, is confusing, industry experts said.
April 18 -
Several credit union leagues and credit union service organizations have formed a new group, called AffirmXCU, that will offer risk management technology.
April 18 -
The cold, hard truth of bank mergers is that rivals often steal top producers and convince customers the bigger bank won’t care about them anymore. The CEOs of the merging banks explain their retention efforts.
April 18 -
A big decrease in noninterest income outweighed cost controls during the first quarter.
April 18 -
Flywire is partnering with True North to allow Canadian educational institutions to better manage payments from international students by integrating them with application, enrollment and accounts receivable processes.
April 18 -
During the National Credit Union Collections Alliance conference, experts shared best practices on several topics, including navigating member bankruptcies and positioning auto loans for a downturn.
April 18 -
Intercontinental Exchange Inc. has been facing resistance from federal regulators over a key part of its ambitious plan to bring Bitcoin to the masses. Now, the owner of the New York Stock Exchange is turning to state watchdogs to get the project over the goal line.
April 18 -
The Alabama company recorded a $91 million loan-loss provision and raised deposit rates during the first quarter.
April 18 -
Tens of millions of dollars of M&A costs and a decline in mortgage activity offset higher loan income in the first quarter at the two banks, which also offered a timeline for their rebranding and shareholder votes.
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