-
The credit union’s new name and imagery are intended to represent financial empowerment for consumers.
June 27
-
The Georgia bank will pay $124 million for Four Oaks Fincorp, buying a bank with a large operation in Raleigh, N.C.
June 27
-
Alice Frazier had been chief operating officer at Cardinal Financial, which was bought earlier this year by United Bankshares.
June 26
-
Meridian had been looking to expand in certain Boston suburbs before agreeing to buy Meetinghouse Bancorp for $17.8 million.
June 26 -
The company will also gain its first branches in New Mexico after it buys Peoples Inc.
June 26
-
The Canadian bank twice sweetened its bid for PrivateBancorp, raising the stakes. Now it must gain traction in the hypercompetitive Chicago market while hunting for more acquisitions.
June 23
-
ES Bancshares, which recently sold a branch near Poughkeepsie, plans to open second branches in the two boroughs.
June 23
-
The company has added six new markets in Europe, where it has already established a beachhead for its e-commerce technology.
June 23
-
The central bank said the legal change would allow it to fully exercise the powers laid out in a clearing proposal from the European Commission.
June 23
-
CIBC plans to spend two years focusing on internal growth at PrivateBank except for some targeted wealth management acquisitions, but ultimately capital outlays or takeovers will be necessary to meet its growth ambitions.
June 23
-
Regulators cited "unsafe and unsound" practices at the credit union, which has assets of more than $76 million and turned a small profit in each of the last two years.
June 22
-
The billionaire investor agreed to buy shares at a deep discount and provide a fresh credit line for the Canadian mortgage company, tapping a formula he used to prop up lenders from Goldman Sachs to Bank of America.
June 22
-
The $23 million-asset credit union has also extended an existing partnerhsip with Fiserv for credit and debit processing, and more.
June 22
-
The Virginia company told investors that Morgan Davis, its president, will soon succeed founding CEO Robert Aston, who is retiring.
June 22 -
The $1.5 million investment will help Grameen America make more small-dollar loans in the Midwest.
June 22
-
A new partnership with Chicago-based fintech SpringFour aims to help financially struggling New York credit union members better connect to resources that can help them.
June 22
-
Royal Bank of Canada, the country’s second-largest lender by assets, is cutting about 450 positions, mostly at its headquarters.
June 21
-
Chemical Financial was caught off guard by CEO David Ramaker's decision to retire. Fortunately, Chemical had retained Talmer Bancorp CEO David Provost after buying his bank a year earlier.
June 21
-
The Dallas-based credit union celebrated its 50th anniversary with a core conversion -- the vendor's 50th such project.
June 21
-
Portable digital identities could improve customer experience, cut costs and generate revenue for banks. But who’s on the hook when something goes wrong?
June 21
