Consumer banking
Consumer banking
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Credit unions in Arizona, Colorado and Wyoming have voted to combine their three state credit union leagues, the latest consolidation of state trade associations.
March 25 -
PVF Capital Corp. in Solon, Ohio, has retired a five-year-old debt that will save the company $2.5 million a year.
March 25 -
Credit Union of Atlanta has named Sheilah Montgomery, the former president of 1st Choice Credit Union, as its president and chief executive.
March 25 -
Southern Community Financial Corp. in Winston-Salem, N.C., has revised its Dec. 31 results downward to reflect an addition to its valuation allowance against deferred tax assets.
March 25 -
Luzerne National Bank Corp. in Luzerne, Pa., has agreed to buy a branch from CCFNB Bancorp Inc. The $280 million-asset company will also get $17.1 million of deposits located around Hazelton, Pa., according to a Friday filing with the Securities and Exchange Commission.
March 25 -
Donegal Financial Services Corp. in Marietta, Pa., has once again pushed back its deadline to buy Union Financial Corp. of Lancaster, Pa.
March 25 -
Many community bankers are still tepid about the Treasury Department's latest program to promote small-business lending. But they're making reservations while they can.
March 24 -
HOUSTON – Cardtronics has broken into the Puerto Rico market with agreements with credit unions to manage their ATM operations.
March 24 -
Evolve Financial Group Inc. in West Memphis, Ark., said its bank has added a Small Business Administration division.
March 24 -
The Office of the Comptroller of the Currency said Thursday that it fined Pacific National Bank in Miami $7 million for violating anti-money-laundering rules.
March 24 -
First Niagara Financial Group Inc. in Buffalo, N.Y., said it has hired a former Ally Financial Inc. executive as its chief financial officer.
March 24 -
Patriot National Bancorp Inc. in Stamford, Conn., said Thursday that a turnaround plan it implemented last year helped it narrow its net loss by 36%, to $15.4 million.
March 24 -
There is growing consensus that the focus should be moved from a rigid definition of the means of gathering deposits to the characteristics of the deposits themselves.
March 24 -
The OCC and Fincen issued a $7 million civil money penalty against Pacific National Bank of Miami for Bank Secrecy Act violations and failing to comply with a previous order.
March 24 -
Veritex Holdings Inc. in Dallas has completed its purchase of Fidelity Bank, marking its second deal to close since raising $45 million.
March 23 -
FORT MILL TOWNSHIP, S.C. – Family Trust FCU broke ground here for a new branch that will be part of the Springfield Town Center.
March 23 -
Hidden River Credit Union, which serves mostly school districts, is expanding its reach. The Pottsville, Pa., credit union has been approved by state regulators to convert to a community charter, allowing it to serve the 150,000 residents of surrounding Schuylkill County.
March 23 -
Bogota Savings Bank in Teaneck, N.J., has hired Brian McCourt as its chief financial officer. The $370 million-asset thrift said in a press release Wednesday that the CFO responsibilities were previously handled by Joseph Coccaro, who is also its president and chief executive.
March 23 -
First Midwest Bancorp Inc. in Itasca, Ill., has added a director. The $8.15 billion-asset company said that Peter Henseler, the president of toymaker RC2 Corp., had joined its board.
March 23 -
State regulators have approved an application from OnPoint Community Credit Union in Portland, Ore., to add Crook and Jefferson counties in central Oregon to its field of membership.
March 23


