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The Mississippi company is hopeful examiners will recognize progress made on Bank Secrecy Act compliance, including a much bigger staff and enhanced systems. If all goes well, BancorpSouth could have a consent order lifted, paving the way for it to refile applications for two acquisitions it hopes to complete next year.
December 12 -
Bidding is over in the first bankruptcy auction to be held at the demand of trust-preferred creditors, but there's no clear winner.
December 12 -
BUTTE, Mont. The members of $69 million EDTECH Credit Union voted to merge their CU into $607 million Horizon Credit Union, Spokane Valley, Wash.
December 12 -
AmeriServ Financial in Johnstown, Pa., is making leadership changes as its chief executive plans to resign early next year.
December 12 -
Two River Bancorp in Tinton Falls, N.J., has received regulatory approval to redeem half of the preferred stock it issued under the Small Business Lending Fund program.
December 12 -
Royal Bancshares of Pennsylvania in Narbeth could be looking for a new chief risk officer.
December 12 -
WEST JORDAN, Utah In an effort to better educate new employees about financial literacy, Mountain America Credit Union has developed a series of videos on topics ranging from indirect lending to business services and outbound sales.
December 12 -
MELBOURNE, Fla. To modernize its cross-departmental technologies, Space Coast Credit Union decided to adopt a new core platform that its executives say will complement ancillary product offerings.
December 12 - New York
NEW YORK SourceMedia, a leading B2B information, marketing solutions, research and events company, announced the addition of John Wiley as the new publisher for its Credit Union Journal brand.
December 12 -
Investors in the failed Tennessee Commerce Bank have reached a tentative agreement to resolve a two-year-old class action involving the bank.
December 11


