Utah

Organizers of the Bank of St. George have filed an application with the FDIC and state regulators and plan a public stock offering.

FNB Bancorp in Utah, which is being sold to Glacier Bancorp, decided that the Montana bank's decentralized model would save jobs and give its management team more autonomy.

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.

The Montana company will more than double its assets in Utah when it buys FNB Bancorp.

Shane Knighton, who previously worked at Member Business Lending, will take over for the retiring Gordon Dames, who served as interim CEO.

The Utah-based CU is issuing a nearly $2 million rebate for 2018 and has returned $13 million to members over last 15 years.

The name change comes after the company recently won "Best in Show" at the annual CUNA Tech Council conference.

The Salt Lake City bank said consumer loans rose 7% from a year earlier. That was one of its several quarterly highlights.

The student loan servicer called the move a "temporary step back" in what it had expected to be a lengthy process.

Zions is streamlining its 500 deposit products as part of a massive core conversion, and its female executives are leading the effort.

Amid a push to re-examine the tax status for large credit unions, let's look at the reality of the benefits they provide to CUs a fraction of their size.

Varo Money just received conditional approval from the OCC. Now it has to raise capital, create a CRA plan and get a go-ahead from the FDIC.

The OCC required the company to raise more capital and complete a CRA plan. Varo Bank still needs FDIC and Fed approval before opening.

The industry group wants the FDIC to reject an ILC request from student lender Nelnet and impose a two-year ban on future applications.

Member Business Lending is a Utah-based provider of commercial, small business lending origination for credit unions.

Nelnet’s planned bank would be an online enterprise focused on gathering deposits and making private student loans.

LeeAnne Linderman, who oversees retail banking for Zions, was the first female chair of the Utah Bankers Association and has mentored and advocated for women in the industry.

The Minnesota-based credit union said its current system was not keeping up with the marketplace.

New features include an enhanced search tool, branch locator, guided content.

The Utah company reduced the size of its loan-loss allowance, citing improvement in its energy book at minimal losses from Hurricane Harvey.