Florida

The Illinois company will gain six offices after it buys Investors' Security Trust.

State officials are looking into a sexual harassment complaint filed against Ronald Rubin, Florida's recently appointed top banking regulator.

Banco Bradesco said it will use the acquired bank to expand its investment offerings in the United States.

MidFlorida Credit Union has agreed to buy the $730 million-asset Community Bank & Trust of Florida in Ocala.

The company, which is planning to revamp its organizational structure, has seen a sharp increase in funding costs over the past year.

From new legislation to mergers and more, here's a look at measures from across the country that could change how credit unions do business.

Lenders in South Florida are making tech upgrades and building scale to contend with bigger banks squeezing the market.

The Jacksonville-based credit union kicked off 2019 by buying a bank and expanding into Georgia, but VyStar's moves may hold lessons for CUs far beyond the southeast.

The Delray Beach-based credit union entered into the deal as part of a broader expansion push along Florida's Treasure Coast.

Credit unions in Arkansas and Florida argue that allowing the industry to take deposits from cities and other public entities would help with funding and control for risk.

Power Financial Credit Union's deal for TransCapital Bank marks the fourth time this year a bank has agreed to be sold to a credit union in the Sunshine State.

Alex Sanchez acknowledges that the U.S. has a lot of banks and many failed in the crisis, but he says a healthy economy needs a fresh supply of community lenders to nurture entrepreneurs.

State law bars credit unions from accepting deposits from cities, counties and other government entities. Florida banks say it should stay that way unless tax advantages for credit unions are removed, but credit unions counter that banks are trying to stifle competition.

The credit union saw a 50 percent increase in mortgage originations, which helped spur a significant spike in net income last year.

Credit unions in those two states also posted double-digit growth in total loans and recorded lower delinquency rates.

Joseph Nowland will take over at the Jacksonville, Fla.-based institution after Gerri Sexsion retires later this month.

John Quill, a former deputy comptroller, had a key role deciding which banks could participate in the Troubled Asset Relief Program.

The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank.

Gulf Atlantic Bank would be the eighth bank in the market, and just the second with local ownership.

Ronald Rubin, who was a CFPB enforcement attorney, will head an office overseeing nearly 200 state-chartered banks.