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Share of The Bancorp (TBBK) plummeted a day after the Wilmington, Del., company disclosed that it had been hit with a consent order tied to the Bank Secrecy Act.
June 11 - Washington
WASHINGTON House Majority Leader Eric Cantor's stunning defeat in Virginia's Republican primary Tuesday evening could usher in a new political era for the House one that's likely to leave its imprint on the credit union community and the banking industry.
June 11 - Washington
WASHINGTON CUNA has named Mike Schenk interim chief economist to support Bill Hampel, who has temporarily vacated that post to serve as the trade group's interim president and CEO.
June 11 - Virginia
DAHLGREN, Va. Bruce Six is the new CEO at $315 million NSWC Federal Credit Union.
June 11 -
The North Carolina company will pay more than $637 million for First Citizens Bancorp., a South Carolina bank. Both companies are majority owned by the Holding family.
June 11 -
Peoples Bank of Indianola in Iowa has agreed to buy Pleasantville State Bank in Iowa.
June 10 -
The $1 billion-asset company disclosed in a regulatory filing Tuesday that it sold Tri-State General Insurance Agency to an unnamed buyer for $2.9 million.
June 10 - Georgia
ATLANTA Credit unions considering sending employees to a health insurance exchange and reimbursing them with tax-free contributions are likely rethinking those plans.
June 10 -
INDIANAPOLIS Harvester Financial CU Monday announced it has successfully completed converting its core system to Sharetec.
June 10 -
Bank of America (BAC) has agreed to sell 17 branches in North Carolina and Virginia with a total of $944 million in deposits to First Community Bank in Bluefield, Va., and HomeTrust Bancshares (HTBI) in Asheville, N.C.
June 10
