Americas

The combined institution will have $880 million in assets and keep Vibe Credit Union name.

Grayson Hall has served as CEO since 2010. He will leave the post in July but remain executive chairman through the end of the year.

First Keystone, which gave no reason for Matthew Prosseda's abrupt departure, has formed a search committee to find a permanent replacement.

Buyers are scooping up many of the market's biggest banks, making it harder for others to gain scale.

The Silicon Valley-based institution is funding the housing, parking and mixed-use retail development in place of what used to be a raising-drying warehouse.

Many in Europe and the U.S. view GDPR as Europe's first true data breach protection measure — in part because it requires notification of any breach within 72 hours. But they also see it as a complex and costly race to the May 25 deadline.

The company, which reported a slight decline in loans, lowered its expenses during the first quarter.

The Florida bank's placement of all taxi loans on nonaccrual status in recent months strengthened its bottom line in the first quarter.

The National Football League team’s players and staff are the credit union's newest SEG.

The Florida-based CUSO is the latest to sign on with the distributed ledger technology scheme for credit unions.