Maryland

Banks from the North and South are converging on the city, spurred by a spike in deposits and employment numbers that trump national averages.

Several credit union leagues and credit union service organizations have formed a new group, called AffirmXCU, that will offer risk management technology.

Montgomery County Employees Federal Credit Union is now operating as SkyPoint Federal Credit Union.

David Woodruff was the head of Zia Credit Union in Los Alamos, N.M., before taking the job with APL.

Paul, one of American Banker's Community Bankers of the Year in 2012, made Eagle a formidable Washington-area institution.

The $1.2 billion-asset institution has issued rewards payouts for nearly 40 years, but returns have gone down in each of the last few years.

McLean Mortgage is not going forward with a potential sale to Congressional Bank in Bethesda, Md., saying an agreement that made sense for all parties wasn't possible.

The CUSO will work with AffirmX, which provides compliance and risk management offerings, on product development.

A federal judge has offered a split decision in a suit regarding Marriott Employees Federal Credit Union, denying plaintiffs' request for damages but refusing to throw the case out entirely.

Bankers are eager to expand there through M&A, de novos or other means, encouraged by strong employment and disruption created by recent consolidation.

The Germantown, Md.-based institution can now serve residents throughout the Washington, D.C., region.

Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer.

With government workers off the job, some credit union call centers are extra busy as worried members reach out with questions.

Less than three years after taking the helm at Baltimore Washington Federal Credit Union, Lester Warby is set to take over at STAR Credit Union in Corpus Christi.

The credit union rewarded members based on the CU's performance last year and the depth of their relationship with the institution.

The sale should increase Shore's capital levels and allow it to expand its banking activities.

In a rare move, Maryland Financial is voluntarily liquidating after its customer base shrank and efforts to sell itself failed.

Virginia Partners will operate as a separate bank unit after the deal closes.

Orrstown will pay $59 million in cash and stock to gain seven branches and $409 million in deposits.

The bank's public offering comes three years after it raised $16 million in a private placement.