Illinois

Earthmover Credit Union CEO Libby Calderone has been appointed president of the Illinois Credit Union System's CUSO.

The company will pay $42 million for Oak Park River Forest Bancshares.

The Illinois company will become one of the area's top 10 banks after buying Bank of Edwardsville.

Northern Credit Union in New York has shed its federal charter, while Gale CU in Illinois has converted to a community charter.

Huntington Bancshares is acquiring Hutchinson Shockey as both look to broaden their public finance reach.

The Chicago-based Hutchinson, Shockey, Erley & Co. focuses exclusively on municipal securities.

The tiny Illinois-based credit union was supported by CUNA and the Illinois CU League, who partnered to file a joint amicus brief.

The big custody bank's fees surged on new business gained from its deal for UBS business units in Europe.

Banks are adjusting loan terms, making use of federal loan guarantees and working with farmers to find new markets, all in an effort to mitigate the damage from a likely drop in soybean exports.

A new court filing suggests that Stephen Calk was named to a 13-member economic advisory team in 2016 in exchange for approving a $9.5 million loan to former campaign manager Paul Manafort.