Location Root Tag

Members of the Santa Cruz County Employees CU in Santa Cruz, Calif., have approved a plan to merge with Bay FCU in Capitola, Calif.

ALEXANDRIA, Va. — NCUA liquidated Republic Hose FCU in Youngstown, Ohio, Tuesday, the eighth credit union failure of the year.

PNC Financial Services in Pittsburgh has agreed to buy Solebury Capital Group.

The $3.2 billion-asset HomeStreet will pay $128 million in stock for the $870 million-asset Simplicity, the companies said in a press release Monday.

ALEXANDRIA, Va. — After months of debate, NCUA Board Chairman Debbie Matz on Monday said she will request a revised risk-based capital rule be issued along with a new comment period "as a result of significant structural changes being considered."

WASHINGTON — The merger agreement between the Federal Home Loan Banks of Seattle and Des Moines contains a little-noticed provision that would force one of them to pay a $57 million penalty if it break off talks.

The Credit Union National Association has named the winners of its 2014 Community Credit Union of the Year Awards.

Bank of America has agreed to pay $7.65 million to settle charges that it overstated its capital levels because of incorrect accounting from its 2009 acquisition of Merrill Lynch.

Old Line Bancshares in Bowie, Md., is planning to close four branches.

Tory Nixon played defense for San Francisco's famed NFL team in some of its glory years, but now he's on offense, seeking to build out commercial lending and retail operations in Northern California for California Bank & Trust.

Great Western Bancorp in Sioux Falls, S.D., could sell up to $100 million shares of its stock during its planned initial public offering.

More community banks are looking to outsource their mortgage operations to reduce the regulatory burden, but structuring such deals — and determining proper compensation — can be tricky. Here's how two Chicago-area lenders solved the problem.

Hudson City Bancorp in Paramus, N.J., has sold $112.1 million in delinquent, FHA-backed mortgages.

Woodburn, Ind. — When Dave Shuey isn't running Financial Partners FCU, you might find him in his kitchen cooking up some award-winning baked goods and turning his wife into a "baking widow."

LANSING, Mich. — Lake Trust Credit Union is set to relocate its headquarters to Brighton, Mich., about 45 miles to the east, but it's the CU's planned new corporate facilities that some observers say could have lasting implications on how other credit unions design their management offices.

PHOENIX — Ask a simple question; get a phenomenal response.

WICHITA, Kan. — At Meritrust CU here, the two branches overseen by Sara Carver are something of a study in contrasts.

CLAMONT, Del. — Transforming one location of Eagle One FCU here has transformed branch traffic as well.

First Republic Bank in San Francisco expects its four-quarter average assets to reach $50 billion late next year.

BNC Bancorp in High Point, N.C., is planning to issue $60 million in subordinated notes to pay off a loan from another bank.