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The Maine-based credit union also grew membership last year to the point where it now serves nearly 40,000 consumers.
February 5 -
Fewer than 30 CUs in the state would be eligible to make use of the rule, intended to help rural institutions and others attract a more qualified pool of directors and committee members.
February 4 -
Brian McKay will lead the Greensville, S.C.-based credit union beginning in April
February 4 -
The company agreed to acquire Alliance Benefit Group of Illinois, which has more than 600 clients and 40,000 plan participants.
February 4 -
The Michigan company will pay $101 million for the parent of First National Bank in Howell, Mich.
February 4 -
Waltham Municipal Employees CU served fewer than 700 members with a total of $8.5 million in assets.
February 3 -
Unlike other regions of the country, the western U.S. has seen very few large bank mergers in recent years. Here's why Pacific Premier's acquisition of Opus Bank could change that.
February 3 -
The California company will pay $1 billion for Opus, a once highflying bank that struggled with credit issues in recent years.
February 3 -
The formerly invite-only challenger bank Majority has launched across the U.S. offering free remittances to four African countries.
February 3 -
The people of tiny Duncan, Ariz., have found creative ways to adapt to life in a banking desert, but their experience augurs a worrisome future for many other rural communities.
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