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The Connecticut company will add heft in its home state and Massachusetts when it buys the former mutual.
July 15
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Piermont Bank, set to open this week, will be the city's second new bank this year.
July 15
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The company, based in Charleston, S.C., will buy Carolina Trust in western North Carolina for $100 million.
July 15
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The Memphis-based developer of core processing software is now majority owned by three credit unions.
July 12
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Ousted CEO Alan Kaufman pleaded not guilty after being charged with accepting favors from a businessman in exchange for favorable treatment by the credit union.
July 12
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The half-dozen institutions all hold less than $50 million in assets – some less than a half-million – and will collectively pay a total of about $5,000 to the U.S. Treasury.
July 12
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Jim Lumpkin, president and CEO of the Portland, Ore.-based institution, is planning to retire in the first quarter of 2020.
July 11
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CUs in both states surpassed total asset milestones, but many business lines are growing at a slower pace than they were one year ago.
July 11
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The $10 million-asset institution struggled with profitability, posting a loss of more than $12,000 during Q1.
July 11
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Charles Friederichs, already serving in an interim capacity, has been appointed permanent CEO of the $1.1 billion-asset institution.
July 11
