Maryland

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.

The company and certain investors plan to sell $35 million in stock through the proposed offering.