Location Root Tag

TUSCALOOSA, Ala. — Tuscaloosa Teachers Credit Union has rebranded itself as RiverFall Credit Union.

Enterprise Financial Services in St. Louis plans to add a banking veteran to its board.

BROOKFIELD, Wis. — Columbia CU, based in Vancouver, Wash., has selected the DNA account processing platform and several integrated solutions from Fiserv, Inc.

A Colorado financial institution is appealing to young, outdoorsy and wired customers with soft marketing, including a smartphone-guided treasure hunt for free snowboards and skis at a winter resort.

First Bancorp in Puerto Rico revised its fourth-quarter earnings to reflect an adjustment tied to a reversal in its deferred-tax asset.

Glen Rock Savings Bank in Glen Rock, N.J., has agreed to buy Llewellyn-Edison Savings Bank in West Orange, N.J.

First Republic Bank in San Francisco is planning to raise more than $200 million in a public offering.

Hencorp Becstone Capital in Miami has agreed to pay $3.8 million to settle allegations that it provided inaccurate statements and claims to the Export-Import Bank.

The Justice Department handed down its third bank settlement under Operation Choke Point Thursday, bringing a civil complaint against Plaza Bank of Irvine, Calif., for failing to report a payment processor's relationship with fraudulent merchants.

UTICA, Mich. — The recent hacking of a Montana credit union provides a stark lesson for CUs across the nation about the security of their web sites — namely that they aren't as secure as executives think.

LAKE BLUFF, Ill. — Total overdraft revenue for 2014 slipped by 0.31% to $31.8 billion (down from $31.9 billion in 2013), but credit unions were near the forefront of that slide with a 3.9% decline — the first ever for CUs.

Foresight Financial Group in Rockford, Ill., has agreed to buy State Bank of Herscher in Herscher, Ill.

PNC Financial Services Group in Pittsburgh may have to pay $390 million, including $35.5 million in punitive damages, for the role an acquisition had allegedly played in a major fraud scheme.

HomeBancorp in Tampa, Fla., has raised $16.5 million in capital.

McKenzie Banking in McKenzie, Tenn., has agreed to buy Farmers Bank in Woodland Mills, Tenn.

ANACONDA, Mont. — Visitors to Southwest Montana Community FCU's web site over the weekend got a disturbing welcome — a black screen bearing an ISIS logo and the words "Hacked By Islamic State (ISIS)."

MADISON, Wis. — A new report from Filene Research Institute spelled out some of the challenges facing women in the credit union community.

Few would dispute that the U.S. ought to move to a faster payment system. But the hurdles to modernizing the infrastructure are daunting, said participants in a panel at this week's Retail Banking 2015 conference.

NEW YORK — A new resource for small, minority-owned and faith-based credit union made its debut earlier this month.

Great Western Bancorp in Sioux Falls, S.D., plans to record a spike in credit costs during the first quarter as it deals with issues tied to certain commercial loans.