Washington

Laurie Stewart, a former credit union CEO and incoming chair of the American Bankers Association, says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.

Laurie Stewart says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.

From increased cellphone usage to shifts in consumer expectations, two longtime executives look back on how the day-to-day business of running an institution has changed in recent decades.

At a national level, loan growth has been on the decline for months and could still get worse. Here's how some credit unions are tackling the issue.

The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it’s trying to craft a successful growth strategy while reassuring investors it isn’t overreaching.

Frustrated after being overlooked by mainstream financial institutions, organizers of the proposed Pagan Federal Credit Union are hoping to be chartered by the end of the year.

When Washington Federal last rebranded, it was to signal its shift from a savings and loan association to a commercial bank. This time around, it's to reflect geographic diversity and its desire to be viewed as a bank.

The transition to Stein from Hadley Robbins is the result of a multiyear succession process, the Tacoma, Wash., company said. Robbins had succeeded the late Melanie Dressel.

The company will add nearly a dozen branches in the Maryland suburbs of Washington.

The Spokane-based CU had planned a co-location strategy with a local coffee company. While that deal fell through, the credit union is still looking for another coffee vendor to partner with.

The Seattle company rebranded as WaFd Bank to address confusion that it might have ties to the federal government.

The two banks' strong chemistry helped 1st Security's integration of Anchor go smoothly.

One credit union's launch of a financial wellness app aims to utilize behavioral research to better resonate with how consumers today use mobile applications.

The Washington company will have more than $1 billion in assets in Southern California when the $87 million deal closes.

All of the Seattle company's directors, including CEO Mark Mason, were backed by shareholders despite a challenge by Blue Lion Partners.

The number of mergers approved in the first quarter was down significantly but experts are unsure of how long that will last.

Credit union executives reported seeing an uptick in car loans as the weather improved but some predicted lending would be down this year.

It just got harder for banks in Georgia to enforce noncompete agreements in employee contracts. For employees of two merging banks, BB&T and SunTrust, the timing couldn’t be better.

Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.

The credit union is also developing a new shared branching space as part of a unique co-location strategy.