Location Root Tag

M&T Bancorp in Buffalo, N.Y., has once again delayed its planned purchase of Hudson City Bancorp in Paramus, N.J.

MOLINE, Ill. — Service Plus Credit Union, a $21-million asset credit union here, has chosen Sharetec System, a developer of credit union software, for its core system.

Centrue Financial in Ottawa, Ill., has sold $35.2 million in classified loans and other assets.

DECATUR, Ill. — Land of Lincoln CU has absorbed the former Sangamo Chapter CU and now offers products and services to all those who live or work in Sangamon County, Ill.

LANSING, Mich. — Following five unsolved credit union robberies in three months, police here are investigating whether the crimes are connected.

DENVER — Fourth Corner CU, the new Colorado state charter aimed at serving the legal marijuana industry in the state, reportedly will open for business Jan. 1, regardless of whether it has deposit insurance in place at that time.

Commonfund, an investment management firm in Wilton, Conn., has hired Catherine Keating as its chief executive.

OGDEN, Utah — Members at Goldenwest CU here earned a total of more than $1 million in bonus dividends paid out by the credit union for 2014.

SmartFinancial in Pigeon Forge, Tenn., has agreed to merge with Cornerstone Bancshares in Chattanooga, Tenn.

GENEVA, N.Y. — Finger Lakes FCU President/CEO Kathy Crelot is stepping down after 15 years with the $102 million CU.

Iberiabank Corp. in Lafayette, La., will enter the Atlanta market, agreeing to buy Georgia Commerce Bancshares.

NAPERVILLE, Ill. — The Illinois CU League and ICUL Service Corporation (LSC) have announced a new alignment that they believe will help both organizations grow and innovate.

Hampton Roads Bankshares in Virginia Beach, Va., has agreed to pay $200,000 to address an investigation by the Securities and Exchange Commission into the company's accounting practices.

WASHINGTON — Credit unions aren't the only ones bracing for changes to rules related to risk-based capital and risk weights.

Border Bancshares in Greenbush, Minn., has agreed to buy full ownership of First Advantage Bank in Coon Rapids, Minn.

United Labor Bank in Oakland, Calif., has a new name.

CertusHoldings in Greenville, S.C., is getting very little money for selling its broker-dealer and wealth-management units.

Borrowers who have made five years of payments on their modified loans will be eligible to earn $5,000 in the next year to reduce their outstanding balance.

WICHITA, Kan. — With an eye toward growing talent, building leadership skills and helping credit unions, the Kansas Credit Union Association has created CUlead: Leadership Excellence and Development.

Sun Center FCU in LaGrange, Ohio, is merging with Firefighters Community CU, Cleveland.