Location Root Tag

The American Bankers Association has added 12 banks to community banks indexed and listed with the Nasdaq stock exchange.

The Freedom Bank of Virginia has extended the deadline for its $4 million stock offering in response to investors' requests for more time.

National Bank Holdings in Greenwood Village, Colo., has announced the retirement of director Lawrence Fish.

NEW YORK — Grameen America, a nonprofit microfinance organization that specializes in providing small business loans to low-income women, may seek to adopt a credit union structure.

BALTIMORE — Building brand awareness is challenging for any organization, especially if employees have trouble understanding management's brand objectives. This was the case for Securityplus Federal Credit Union until a new approach was taken.

GENEVA, N.Y. — To better compete with regional competition, Finger Lakes Federal Credit Union enhanced its digital banking and payment capabilities, which has increased online banking usage by 34% and mobile growth by 128%.

Summit Community Bank in Moorefield, W.Va., said Wednesday that it has shed an enforcement action and completed the first portion of its private placement with Castle Creek Capital Partners.

ST. LOUIS — The Missouri Credit Union Association (MCUA) has embarked on a statewide consumer awareness campaign to increase its profile with consumers after learning that most residents of the "Show Me State" weren't familiar with CUs.

The growing influence of two directors known for seeking big changes at other banks has raised questions about whether Naugatuck Valley Financial in Connecticut may be put up for sale.

HERNDON, Va. — A discovery process during a core conversion uncovered the ability of Northwest Federal Credit Union to enhance its online mortgage servicing capability, resulting in a nearly 50% increased user rate.

PALM SPRINGS and WEST PALM BEACH, Fla. — It's not often that competing financial institutions agree to share, but that's not the case for two Florida credit unions.

Richmond Fed President Jeffrey Lacker discusses why he distrusts a government-run system for unwinding banks, how community banks could thrive in the future, and why policymakers should consider better distinguishing between the biggest institutions and mid-size firms.

MADISON, Wis. — Only a third of all credit unions offer commercial loans, but they can provide a profitable business line for many small institutions, according to a white paper released by the CUNA Lending Council.

Webster Financial in Waterbury, Conn., has received regulatory approval to acquire the health savings account business of JPMorgan Chase.

ALEXANDRIA, Va. — NCUA has banned five former credit union employees from participating in the affairs of any federally insured financial institution.

First Foundation Bank in Irvine, Calif., has agreed to buy Pacific Rim Bank in Honolulu.

WEST JORDAN, Utah — As the fifth largest credit union branch network in the nation spanning five states, Mountain America CU figured out a way to provide secure wireless access to all its members and employees while saving money.

SAN DIEGO, Calif. — In late 2013, Cabrillo CU had a goal of reducing paper-based processes by 30%. By adopting a comprehensive document imaging and enterprise content management (ECM) solution that milestone was surpassed, which allowed employees to build stronger member relations.

SANTA CLARA, Calif. — The Great Recession forced many small CUs to fold or merge. Those that survived, such as Mission City FCU, figured out how to redefine opportunities.

BURBANK, Calif. — By looking outside its IT and data-processing department, Logix Federal Credit Union automated nearly 70% of its data processing workload.