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The company will also restate financials for the first half of 2018 to correct how it classified cash flow activities tied to commercial mortgage warehouse lending.
November 13 -
The proposed merger of two family-owned institutions would create a $5 billion-asset bank in Texas.
November 13 -
Community South Credit Union and LSI teamed up in the wake of Hurricane Michael to put a new spin on collections calls.
November 13
Community South Credit Union -
The Memphis-based CUSO, known for its NewSolutions system, signed six credit unions, all with assets under $140 million.
November 13 -
With fraud rising alongside mobile deposit usage, credit union executives needed a way to solve the problem without making the process burdensome to employees and members.
November 13 -
Organizers of Community Bank of the Carolinas in Winston-Salem have raised $13.6 million. The group has to bring in at least $25 million.
November 13 -
Rep. Kyrsten Sinema, D-Ariz., crafted a moderate message and will head to the Senate after having backed legislation providing banks with regulatory relief.
November 12 -
A judge dismissed two of the six counts against the Mass.-based credit union, meaning DFCU will join several other CUs nationwide facing similar suits.
November 12 -
Credit Union of Texas was struggling with a slow and expensive hiring process. Management decided to revamp, in part by making interviews more dynamic.
November 12 -
Consolidation across the financial space isn't going to slow down, but one analyst says credit unions have a significant advantage over the competition.
November 12 -
In its 10th year promoting an unofficial Chinese holiday celebrating singlehood, Alibaba’s online sales hit a record $30.8 billion (RMB213.5), exceeding last year’s record by 27 percent.
November 12 -
After bringing in a new leader and overhauling its board, Freedom Bank in northern Virginia is looking at digital upgrades and expansion into new markets to stay relevant.
November 12 -
An effective data analytics strategy could require rethinking all your institution's processes and touch points.
November 12 -
When Listerhill Credit Union was developing its latest location, management decided on using smart ATMs and a more open floor plan.
November 12 -
During a recent panel discussion, two CEOs shared their own experiences as their branches were overcome by smoke from wildfires raging across Northern California
November 9 -
American Express' progress with local officials in China regarding card payments provides a potential early advantage against rivals like Mastercard and Visa. But building a market in China has never been easy for a global card brand.
November 9 -
The Financial Accounting Standards Board is considering a plan to have banks break out charge-offs and recoveries on a year-by-year basis. Bankers fear new systems would be needed to comply.
November 9 -
At the California and Nevada CU Leagues' annual REACH conference in Hollywood, credit union executives offered their take on how the 2018 election could impact the industry.
November 9 -
Northern Oak Wealth Management is a registered investment adviser with $800 million in assets under management.
November 9 -
The Nashville, Tenn., company had opposed a request by Gaylon Lawrence to boost his ownership to 15%.
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