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The National Credit Union Administration is following up on earlier disbursements totaling more than $1.8 billion to address the failure of four institutions in the wake of the financial crisis.
March 2
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Robins Financial Credit Union is acquiring the $430 million-asset Persons Banking Co. The deal, announced Monday, comes less than a week after Georgia’s Own Credit Union in Atlanta said it is buying Vinings Bank in Smyrna.
February 28 -
The Credit Union National Association kicked off its first in-person governmental affairs conference in two years with members sharing concerns about data-privacy rules, cryptocurrency, prospects for industry growth and the potential economic fallout of war in Europe.
February 28
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The Bethpage, New York, credit union plans to use the fintech’s risk models to improve loan decisioning.
February 28 -
The fintech chose its new name to reflect its non-financial offerings such as contact centers.
February 27
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Wall Street gets an automated nonfungible tokens machine, credit union arrivals and departures, and more in banking news this week.
February 25
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The $1.6 billion-asset institution says it has simply outgrown its old moniker.
February 25 -
Cheryl DeBoer will step down in early 2023 as president and CEO of the $2.7 billion-asset credit union, which has not yet named a successor.
February 24
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Municipal Credit Union was first placed into the custody of the National Credit Union Administration in 2019, after its former chief executive was charged with fraud and embezzlement.
February 23 -
New England Federal Credit Union, the largest financial institution headquartered in the Green Mountain State, is combining with Vermont State Employees Credit Union to create an organization with $3 billion of assets.
February 23
