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Brookline will pay $56 million in cash and stock for First Commons in a deal that will add $324 million in assets.
September 21 -
An integration with transfer company bux will remove navigation and manual processes for remittances to India.
September 21 -
The Florida bank started researching the business after Ken LaRoe, its chairman, saw how medical marijuana had helped his wife cope with a severe injury. First Green is now turning a profit on this business a year after adding its first pot-related client.
September 21 -
New report provides info on how credit unions in the two states are growing, offering key market intel as they head into strategic planning.
September 21 -
Coastal FCU CEO Chuck Purvis was recognized this year by the Credit Union Executives Society for his commitment to the movement
September 21 -
The credit union will be CU*Answers' second member-owner in the greater Des Moines area
September 20 -
It's not just big banks. Even U.S. community banks may be subject to the General Data Protection Regulation given the boundlessness of digital commerce.
September 20 -
Menusifu receives a $3 million round to boost a system that integrates with Alipay and WeChat Pay, enabling Chinese travelers to make direct payments with renminbi from Chinese bank accounts and digital wallets.
September 20 -
The Massachusetts company hired banking veteran Mark Thompson, who recently scrapped an effort to buy a struggling bank in Boston, as its bank president.
September 20 -
China’s crackdown on cryptocurrency exchanges raises questions about the future of digital asset innovation, a movement that some bankers view as a threat and others embrace as a boon to payments, P-to-P lending and other activities.
September 20 -
The new business will advise Live Oak clients on how to structure and finance acquisitions.
September 20 -
San Diego County Credit Union doubles down on sponsorships, inks stadium naming rights deal.
September 20 -
The cash acquisition allows First American to expand its operations in Kenosha, Wis.
September 20 -
CU shortens name, makes several changes to branches to improve communication.
September 19 -
The democratic nominee has supported regulatory relief and small business lending for CUs
September 19 -
The airline wants to capture more benefits from a program that should be worth more than C$2 billion ($1.6 billion) over 15 years.
September 19 -
The new institution will be the result of a merger between Newaygo County Service Employees CU and Rogue River Community CU.
September 19 -
SBI Ripple Asia has formed a partnership with Dayli Intelligence to build a presence across Asia.
September 19 -
Florida and Texas are normally major sources of mergers, but bankers in those states likely will take a break to assess damage from the hurricanes before returning to dealmaking.
September 18 -
The Boulder, Col.-based credit union will serve the 4,300 members of the American Solar Energy Society.
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