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Urfer co-founded a business with the banking automation pioneer John Diebold, worked for Chase Manhattan and other major banks, and played an important role in the Nixon administration, phasing out exchange controls.
April 12 -
The combined organization, representing nearly 500 member credit unions, is expected to launch early next year.
April 8 -
A new outreach effort will target parts of New York City to help boost membership at several African-American credit unions.
March 28 -
First Bank is removing a competitor by agreeing to acquire Grand Bank for $19 million.
March 20 -
Legislation banning shops from refusing to accept cash has moved swiftly this year. But this trend is running head-on against retail models like Amazon Go, which are built from the ground up to operate without cash.
March 20 -
East Windsor, N.J.-based McGraw Hill Federal Credit Union will merge into PenFed, the latest in a series of growth moves from the nation's third-largest credit union.
March 13 -
Valley Bank spent millions on bank acquisitions under its previous CEO. Its new leader has taken a markedly different approach.
March 7 -
The New Jersey company said the issue, tied to insufficient validation procedures, did not lead to misstated financial results.
March 4 -
California and others have passed consumer privacy laws, and lawmakers in Congress are beginning to address the issue. Here's an overview of the players and the proposals.
March 3 -
Even as the movement grows through charter changes and field of membership expansions, some observers say many boards don’t yet reflect this dynamic.
February 19 -
"You can't meet customers at the headquarters," CEO Kevin Cummings tells his senior executives.
February 15 -
The New Jersey bank said it will save millions of dollars by eliminating the jobs as well as selling and leasing back some of its real estate.
February 13 -
The pushback on stores that don’t accept cash seems to be gaining momentum, with Philadelphia the latest municipality to consider a law that would ban cash-free shops.
February 6 -
Bank of Princeton will also buy $190 million in deposits as part of the deal.
February 4 -
Provident's investment adviser unit will have nearly $3 billion in assets under management after it buys Tirschwell & Loewy.
January 22 -
George Scharpf had been the New Jersey bank's leader since 1981.
January 8 -
The $25.5 billion-asset company has also restructured its securities portfolio as part of a broader effort to reduce costs and improve profits.
December 12 -
The New Jersey company terminated an acquisition after being hit with the order in 2016.
December 7 -
Efforts to create city- or state-owned banks in Los Angeles, Seattle and New Jersey have suffered setbacks of late, but public banking advocates are taking the long view.
November 19 -
The credit union hsa been a Sharetec client for five years but was stuck in a contract that left it unable to convert until now.
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