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With the acquisition Timberland would add $187 million in assets in the Puget Sound area.
May 23 -
The Indiana company agreed to pay $101 million for the $586 million-asset First Security.
May 23 -
Visa Canada plans to offer real-time B2B and B2C disbursements via its Visa Direct card-to-card transfer service, competing head-on with Canada's Interac network and a product Mastercard launched in the country earlier this year.
May 23 -
Independent's branch network in Denver will nearly triple after it completes the $1 billion acquisition.
May 22 -
MapleMark Bank, which was known as First National Bank of Edgewood when it was bought by an investment group last year, will use the funds to support commercial lending and private banking.
May 22 -
One executive from Security Service Federal Credit Union offers tips on how his CU analyzes branch performance and how other institutions can adopt those same tools.
May 22 -
Seacoast in Florida slashed the time it took to make 7(a) loans within months after establishing a partnership with an online lending startup.
May 22 -
A first-in-the-nation ballot initiative would give consumers more control over their personal information, but banks and other companies say that it would amount to a tax on doing business in the Golden State.
May 22 -
The company will snag its first branches in three towns in Connecticut and Rhode Island after buying locations from Webster Financial.
May 22 -
James Ayers' stake in the Tennessee company will drop below 50% after a planned stock offering.
May 22 -
The Asian-American bank agreed to buy SWNB Bancorp for $77 million.
May 22 -
This month, Vancouver became the first Canadian city to commercially roll out open transit payments. But the city of Laval actually got a head start on Vancouver with a pilot project that is getting a positive reaction from riders.
May 22 -
The Chicago company will close 19 branches and eliminate 150 jobs, partially reflecting changing customer preferences.
May 21 -
An effort to oust two directors at the Seattle company was nullified after the investor failed to seek the required approval from the bank's state regulator.
May 21 -
Kristin Shultz is set to take the helm from retiring CEO Linda Powell, who is leaving after 16 years at the credit union.
May 21 -
The high multiple Fifth Third is paying for MB Financial raises questions about whether it can cut enough costs, realize enough growth and win over skeptical investors.
May 21 -
Lawmakers can finally deliver long-promised regulatory relief if the House passes S. 2155 this week – the added benefit being that it will improve the lending process for credit unions and consumers alike.
May 21
Pennsylvania Credit Union Association -
European financial institutions and central banks, along with critical European banking and payments infrastructure providers, face an increasing onslaught from hackers that has prompted two major responses from the EU.
May 21 -
The Nashville company significantly reduced the 2018 earnings projection for its mortgage business.
May 21 -
On the first day of the 2018 CUNA CFO Council conference, futurist Mike Walsh gave credit unions a hint of the world to come from both a consumer and business point of view.
May 21



















