Location Root Tag

National Commerce in Birmingham, Ala., is looking to raise $50 million through an initial public offering.

BROOMFIELD, Colo. — Community Financial Credit Union here said it will distribute $400,000 to reward its most loyal members as part of its "Member Bonus" program.

Government investigations of auto lending are beginning to pile up, and they are weighing on investors' perceptions of the fast-growing industry.

ROCKY HILL, Conn. — Nutmeg State FCU kicked off the new year with a new charter, converting from a federal charter to a state charter and becoming Nutmeg State Financial CU.

A San Diego-based debt collector has agreed to pay $675,000 in civil penalties and give up $18 million won in court fights against 4,500 consumers, New York Attorney General Eric Schneiderman said Friday.

GRAND RAPIDS, Mich. — One key element that separates credit unions from their competitors is the skills, talents and experience of their employees.

The company said in a press release Thursday that it redeemed preferred shares worth $76.46 million that were issued under the program to the Treasury Department.

The Man Group, an international hedge funder provider that manages approximately $72.3 billion, has contracted with Thomson Reuters to use its Accelus Org ID "Know Your Customer" platform.

Gov. Scott Walker of Wisconsin addressed speculation about a possible presidential bid during a speech to the Wisconsin Bankers Association.

TEXAS CITY, Texas — The $652 million AMOCO Federal Credit Union said it showed its appreciation for the members that most believe in it through a $1 million bonus dividend.

Potential buyers have long been wary of high premiums and the potential for volatility in the energy sector. A harsh correction in oil prices and Texas bank pricing has suddenly given those banks a chance to revisit their views.

Guaranty Bancshares in Mount Pleasant, Texas, has agreed to buy DCB Financial in Dallas.

NEW YORK — Coopera, a credit union consultant for the Hispanic market, and the National Federation of Community Development Credit Unions, are teaming up on a program to extend credit union products and services to the widely unbanked and under-banked Hispanic immigrant community.

Security First Bank in Fresno, Calif., has a new president.

Credit unions are making community banks sweat in the small business lending arena.

Home BancShares in Conway, Ark., has named a new chief for its banking unit.

The $8.9 billion-asset company said in a statement provided to American Banker on Wednesday that it plans to use the capital to support future growth.

The founder and chairman of 1st Century Bank in Los Angeles has been named to chair the city's tourism and convention board.

SBT Bancorp in Simsbury, Conn., moved its shares on Wednesday to a new OTC Markets Group trading platform.

The Green Mountain State is home to businesses and consumers who march to a different drummer, and Brattleboro Savings & Loan's new checking account promotion seeks to appeal to that independent spirit.