Location Root Tag

LAS VEGAS — The CUNA Marketing & Business Development Council honored four individuals for their achievements in marketing and business development during a ceremony at the group's recent Annual Conference here.

LAS VEGAS — Gesa Credit Union won the Diamond Best of Show Award — the highest honor in the CUNA Marketing & Business Development Council's Diamond Awards competition — during the Council's 22nd annual conference here.

Landings CU outsourced the management of its four machines to Dolphin Debit Access, an ATM management firm in Houston.

San Diego Private Bank in Coronado, Calif., is set to have a new president and chief executive.

LAKE MARY, Fla. — Two education-focused credit unions in central Florida merged Thursday.

ALEXANDRIA, Va. — NCUA on Wednesday said 153 low-income credit unions will receive $520,440 through the first Community Development Revolving Loan Fund grant round in 2015.

HOQUIAM, Wash. — Five years ago Newrizons FCU was facing collapse — suffering steep drops in membership, loans, and assets. It was a situation so severe that NCUA issued the tiny institution a prompt corrective action warning.

John W. Allison is always on the hunt for non-dilutive deals that will boost his Arkansas company's earnings. That has largely led to deals for Florida banks, but Home just agreed to buy nearly $300 million in nationwide commercial real estate credits and recruited a team to open a loan production office in New York.

Orrstown Financial Services in Shippensburg, Pa., and its bank have been released from all outstanding enforcement actions.

OFG Bancorp in San Juan, Puerto Rico, has expanded its ATM network 34% by adding 85 machines throughout the territory.

Home BancShares in Conway, Ark., has found another opportunity in the failure of Doral Bank.

Wintrust Financial in Rosemont, Ill., has announced its second acquisition in four days.

A unit of BB&T in Winston-Salem, N.C., has agreed to buy certain assets from a wholesale insurance broker in New Jersey.

First Financial Bankshares in Abilene, Texas, has agreed to buy FBC Bancshares in Conroe, Texas.

MADISON, Wis — A new study from the Filene Research Institute examines the relationship between CU lending and how restrictive loan officers' undergarments are.

The bill would require written contract amendments, signed by the lender, for most loans. Legislators took up the issue after a judge in the state sided with a borrower's claim of having an oral agreement from Bank of America to modify a mortgage.

ALEXANDRIA, Va. — NCUA is touting a 49% increase in its total dollars awarded to minority- and women-owned businesses during 2014, but the agency's workforce diversity levels continue to decline.

The $5 billion-asset company said in a press release Tuesday that Gail Ball recently served as head of the payment studies group at the Federal Reserve Bank of Richmond.

Carolina Bank Holdings in Greensboro, N.C., has raised $15.1 million through a private placement of convertible preferred stock.

CommunityOne Bancorp in Charlotte, N.C., has agreed to buy a branch in Lenoir, N.C., from CertusBank.