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These programs are allowed in a majority of states, but only a small portion of credit unions offer them. That may change as the need for deposits grows and consumer expectations shift.
July 8 -
First Internet is poised to acquire an SBA lending team to help it meet an ambitious loan target for the year — a target the CEO plans on doubling in coming years.
June 19 -
The Indiana company, which has an acquisition pending, will make more loans in minority neighborhoods around Indianapolis.
June 13 -
There have been six of these transactions announced this year and more are likely as credit unions look for loan and deposit growth.
May 22 -
First Internet will gain lenders and servicing staff, along with offices in Chicago and Indianapolis, from the deal.
May 21 -
The Odon, Ind.-based credit union also grew its membership to over 50,000, up more than 9% from a year earlier.
May 6 -
The Indiana credit union agreed to pay $21.3 million in cash for New Bancorp, which was created when its savings bank converted to a stock-owned company in 2015.
April 26 -
The latest World Council of Credit Unions project in the Caribbean will see the island nation working alongside Indiana CUs to share best practices, strategic initiatives and more.
April 23 -
Several credit union leagues and credit union service organizations have formed a new group, called AffirmXCU, that will offer risk management technology.
April 18 -
George McNichols helped build the Indiana-based institution from $10 million in assets in 1984 to $554 million today.
April 15