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Boat sales have increased since the financial crisis, creating an opportunity for credit unions, but a number of risks mean institutions should tread carefully.
February 11
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Regional and community banks are eager to buy branches and hire top performers from the merging companies.
February 8
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A lawsuit alleging Wells Fargo improperly compensated its California-based mortgage loan officers could have broader ramifications now that it has been granted class certification.
February 8
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The three large banks banks are joining a number of institutions in agreeing to eliminate fees for Californians who receive benefits via electronic transfer cards. Chase and BofA will also waiving the fees nationwide.
February 8
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Maureen Genna will take over from retiring CEO Linda Levy, who gained notoriety when she sued the Trump administration.
February 8
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Michael Athens was the Albuquerque, N.M.-based institution's vice president of operations before serving as interim president and CEO.
February 8
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BB&T is buying SunTrust Banks, creating a $442 billion-asset institution. Credit unions are hopeful the mega merger will present an opening to pick up new business.
February 8
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Members at Star Credit Union, which has just $32,000 in assets, have approved the proposed merger into Summit.
February 7
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After a 50% increase in bank acquisitions by credit unions last year, analysts are predicting even more deals in 2019.
February 7
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The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion.
February 7
