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The $1.2 billion-asset credit union was recently approved for conversion to a federal trade, industry and professional charter, making it the first firefighters’ credit union in the nation chartered specifically for business lending.
May 8
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Even as units of a larger holding company, local banks fight the perception that they can’t provide sophisticated services like corporate or private banking. Executives say that unifying the brand will help Synovus better compete against larger players.
May 3
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The $1.8 billion-asset institution converted to a federal charter out of a desire to broaden its member base and make member business loans.
April 25 -
One reader decries inconsistencies in a recent CUJ op-ed.
January 25
San Antonio Citizens FCU -
The hurdles for bank-to-CU conversions are in almost all cases too big to for for-profit institutions to overcome and still operate responsibly.
January 11 -
Joseph Campanelli has run large publicly traded companies such as Sovereign Bancorp and Flagstar, but he seems more energized after agreeing to become CEO of Needham Bank, a depositor-owned mutual in Massachusetts.
January 6
