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Somerset Savings Bank will convert to a stock-owned bank before merging with Regal Bancorp, the holding company for the $545 million-asset Regal Bank, also in New Jersey.
July 26 -
A recently approved TIP charter, the latest in a series of growth initiatives over the last five years, will allow the Tampa-based credit union to serve anyone working in the medical field statewide.
February 8 -
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 -
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 -
The credit union now has a community charter to serve seven counties in addition to several select employee groups.
December 1 -
The Pittsburgh-based institution can now serve more than a dozen municipalities in the Keystone State.
November 4 -
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 -
The Georgia-based credit union hopes to gain more flexibility to widen its field of membership by switching from a federal charter.
May 12 -
The push to revive the District charter began in 2001, nearly 40 years after the original rule was repealed and CUs there adopted the federal charter.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 -
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