Americas

A successor to Janet Bantz, who has led the Indiana-based institution since 1989, has been selected but not formally announced.

The company will pay $29 million for Cornerstone Financial Services.

Hispanics will make up more than half of new homeowners by 2030, and credit unions need to actively market to this demographic, according to a panel discussion at Inclusiv's annual conference.

The Tennessee company will gain access to the Bowling Green, Ky., market as part of the $52 million deal.

First Commerce Credit Union's agreement to buy Citizens Bank brings to 14 the number of deals this year in which a credit union is buying a bank.

First Commerce Credit Union's agreement to buy Citizens Bank is the 14th credit union-bank deal of the year.

The company will offer deposit-related services to firms with permits for hemp and CBD.

Private Bancorp of America is the latest bank to report a borrower issue in connection with a high-profile fraud case tied to liquor licenses.

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.

Goldman Sachs, Elevar Equity and QED Investors are among institutions financing Mexican lenders that fund SMEs.