Americas

GRAND RAPIDS, Mich. — One key element that separates credit unions from their competitors is the skills, talents and experience of their employees.

The company said in a press release Thursday that it redeemed preferred shares worth $76.46 million that were issued under the program to the Treasury Department.

The Man Group, an international hedge funder provider that manages approximately $72.3 billion, has contracted with Thomson Reuters to use its Accelus Org ID "Know Your Customer" platform.

Gov. Scott Walker of Wisconsin addressed speculation about a possible presidential bid during a speech to the Wisconsin Bankers Association.

TEXAS CITY, Texas — The $652 million AMOCO Federal Credit Union said it showed its appreciation for the members that most believe in it through a $1 million bonus dividend.

Potential buyers have long been wary of high premiums and the potential for volatility in the energy sector. A harsh correction in oil prices and Texas bank pricing has suddenly given those banks a chance to revisit their views.

Guaranty Bancshares in Mount Pleasant, Texas, has agreed to buy DCB Financial in Dallas.

NEW YORK — Coopera, a credit union consultant for the Hispanic market, and the National Federation of Community Development Credit Unions, are teaming up on a program to extend credit union products and services to the widely unbanked and under-banked Hispanic immigrant community.

Security First Bank in Fresno, Calif., has a new president.

Credit unions are making community banks sweat in the small business lending arena.