Location Root Tag

MSB Financial Corp., a mutual thrift firm in Millington, N.J., plans to reorganize into a fully stock-owned company.

First Horizon National in Memphis, Tenn., is looking to raise $400 million by issuing debt.

California Republic Bancorp in Irvine, Calif., has raised $90 million through an offering of equity and debt.

Wells Financial in Wells, Minn., has agreed to buy St. James Federal Savings and Loan Association in St. James, Minn.

BNC Bancorp in High Point, N.C., has agreed to buy Valley Financial in Roanoke, Va.

ARLINGTON, Va. — A number of credit union and bank executives have been ignoring the National Institute of Standards and Technology's Framework for Improving Critical Infrastructure Cyber Security, waiting for the federal government to issue more definitive guidance.

WASHINGTON — Sen. Elizabeth Warren's new spot on the Democratic leadership team has supporters cheering, but it remains to be seen how the role will impact her work on financial services issues.

John Hairston will stay in the newly combined role, while Carl Chaney plans to retire on Dec. 31. Hancock has been pressed by Wall Street in recent years to get more aggressive cutting costs after buying Whitney Bank.

PURCHASE, N.Y. — A total revamp of Quorum FCU's website has resulted in an average of 750 new users each month and three design awards from leading media and marketing associations.

Royal Financial in Chicago has agreed to buy PNA Bank in Chicago.

WASHINGTON — Credit unions as a whole — yes, even small CUs — experienced significant success in the third quarter, according to analysis by Callahan & Associates that found increases in key areas including loans and membership.

MADISON, Wis. — In an effort to make members' virtual banking easier, UW Credit Union here built an in-house, one-size-fits-all web solution for all operating devices — from PC to smartphones.

The Federal Reserve Bank of Dallas said President Richard Fisher will step down on March 19, making him the second district chief and voting policymaker this year to announce his retirement from the central bank.

Iberiabank Corp. in Lafayette, La., was initially willing to pay up to $24 million more than what it eventually agreed to pay for Florida Bank Group in Tampa.

ARLINGTON,Va. — NASCUS kicked off its inaugural cyber security symposium last Thursday, and judging from attendance, there will be a repeat performance next year.

LOS ANGELES and NOTRE DAME, Ind. — Two collegiate credit unions are putting a football rivalry to good use.

Wells Fargo plans to sell an $8.5 billion portfolio of federal student loans to Navient, the educational loan servicer that recently split off from Sallie Mae.

First Artesia Bancshares in Artesia, N.M., has merged two of its banks.

WASHINGTON — Credit unions are lobbying for several key pieces of legislation in the lame-duck session, but it could be a case of too little time and too much inertia.

J. Thomas Wiley will become chief executive of the company's banking unit. The move could free up Joe Evans, the company's CEO, to focus on deploying capital, which could include more acquisitions.