Americas

Customers Bancorp (CUBI) in Wyomissing, Pa., has raised $133.2 million in a private placement.

United Community Banks (UCBI) in Blairsville, Ga., has acquired Business Carolina, a commercial lender in Columbia, S.C.

SAN JOSE, Calif. — The San Francisco Bay Area is a "very crowded" market, with "high competition" among the many credit unions, banks and other financial service companies that are here.

MOUNTAIN VIEW, Calif. — At $6.8 billion in assets, First Technology FCU is the 10th largest credit union in the nation — and it enjoys the unique perspective of serving members in two of the hottest markets: Silicon Valley in Northern California and Lane County, Oregon.

SAN JOSE, Calif. — How incredible is the housing market in and around the fabled Silicon Valley, the Northern California home of innumerable tech companies?

SAN FRANCISCO — As credit union leaders from across the U.S. flock here for CUNA's America's Credit Union Conference this week, they will find most San Francisco Bay Area CU executives with big smiles on their faces.

SAN JOSE, Calif. — Should credit union in the Bay Area be worried about a housing bubble?

MORA, Minn. — Members of Greater Minnesota CU here have approved a merger with SPIRE CU, which will be the continuing credit union.

WASHINGTON — On the 80th anniversary of the signing of the Federal Credit Union Act, the White House delivered a message from President Barack Obama Thursday praising CUs for the "vital" role they play in the economy and in the lives of Americans.

KPMG Corporate Finance has acquired the assets of Denver investment bank St. Charles Capital.