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An initial review determined that lax oversight at Enloe State Bank allowed for the origination of more than 100 allegedly fraudulent or fictitious loans.
September 26 -
The once-acquisitive company is not interested in a "roll-up strategy" in Texas's biggest city, said CEO Phil Green. In a Q&A, he also explained why loan competition is intensifying and what's really keeping business customers up at night.
September 25 -
Despite just $195 million in assets, the Lubbock, Texas-based CU has placed near the top of of its asset class in the annual Best Credit Unions to Work For rankings since 2015. Here's how they've done it.
September 24 -
The Dallas company inherited the loan relationship from a bank it bought in 2017.
September 24 -
The rise in prices caused by the attacks on Saudi Arabian oil installations should help banks recoup some losses from the 2016 downturn. Harder to gauge is the impact the price volatility will have on U.S. energy production and, in turn, loan demand.
September 23 -
Ken Raymie, who previously served as the Texas-based institution's COO, was promoted to president and CEO.
September 23 -
The Mississippi company will pay more than $38 million for Texas First Bancshares.
September 23 -
The company will buy TB&T Bancshares, which operates branches near Texas A&M University.
September 20 -
The Texas-based institution will work alongside CU Financial Group to provide insurance solutions for members
September 11 -
Many Americans are behind in their retirement planning but less than 20% of credit unions provide wealth-management services.
September 11