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The regulator's order moves the San Francisco-based company one step closer to becoming the first online lender to own a bank.December 31
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The Gainesville, Fla.-based credit union has converted from a federal to a state charter and will debut its new brand identity early next month.December 11
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The credit union now has a community charter to serve seven counties in addition to several select employee groups.December 1
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The Pittsburgh-based institution can now serve more than a dozen municipalities in the Keystone State.November 4
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The two institutions are part of the continuing trend of federally chartered credit unions converting to state charters in a push for greater flexibility and membership growth.July 15
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The Georgia-based credit union hopes to gain more flexibility to widen its field of membership by switching from a federal charter.May 12
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The push to revive the District charter began in 2001, nearly 40 years after the original rule was repealed and CUs there adopted the federal charter.May 7
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The $468 million-asset institution said expansion isn't required now but the move is a proactive attempt to ensure its long-term viability.May 4
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The New York-based credit union is set to absorb Hudson River Financial FCU and Columbia-Greene FCU following charter conversions at those institutions. Sunmark has picked up at least two other small CUs within the last 18 months.April 27
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The value of serving a specific employer or a limited field of membership has diminished over the years. COVID-19 is just the latest crisis that shows how dangerous this concentration can be.April 23
