Location Root Tag

Organizers of Community Bank of the Carolinas still need to raise $25 million and secure approval from the state's banking commissioner.

The Massachusetts bank has offered wealth management services in the state for several years.

New president Lyndon Matteson is expected to also eventually take on the CEO role once Edward Lopes retires in late 2019.

Dozens of House members and four senators agree with arguments by farmers and lenders that a proposed change to the 7(a) program would disqualify worthy borrowers.

Mike Walsh, former CEO of Jefferson County Bancshares, has become a director at St. Louis Bank.

Through a new partnership with the Military Spouse Advocacy Network, the trade group will help provide training, videos and classes to the spouses of service members.

U.K. consumer spending growth slowed in November as concerns about Brexit prompted households to become more cautious with their cash.

Many credit unions have resumed normal operations, but some institutions locations in nearby Eagle River, closer to the epicenter, need more recovery time.

The Anchorage-based institution said its decision to enter the pot banking space was driven partly by public-safety concerns in a cash-based industry.

Simone Lagomarsino, former CEO of Heritage Oak Bank, will succeed John Biggs next month.

Attorney General Barbara Underwood’s office is looking into whether merchant cash-advance companies engaged in fraud or abused the state court system.

Japanese credit card brand JCB has signed several deals to expand its global acceptance online and at the point of sale.

Citizens Community Bancorp is selling its Rochester Hills, Mich., office to Lake Michigan Credit Union.

The credit union also reported increases in loans and membership.

The Mt. Pleasant, Wis.-based credit union has returned more than $7 million to members in the last three years.

Coca-Cola Co.’s ‘Share a Coke’ campaign saw the beverage maker turn to Experian to help it pick the most popular names among likely soda drinkers in Britain, and printed them where its iconic logo is usually placed.

Last week the car manufacturer said it would cut jobs and close factories. Now credit unions in the affected areas are considering how the news will affect their members and themselves.

Most CUs in the Anchorage area were closed Friday as residents and officials evaluated damage to facilities and infrastructure.

Bernie Winne has been named temporary leader as the trade group searches for a successor to Paul Gentile.

Its bid for El Dorado Savings wasn’t the highest, but PacWest's image as a skilled dealmaker added value to its offer in the seller’s eyes.