-
Community lenders may choose to stop serving small businesses rather than absorb the expense of collecting information on race and ethnicity under a proposal by the Consumer Financial Protection Bureau.
February 23
-
The credit union, founded in 1964 as the Conservative Baptist Credit Union, has changed its name to improve its appeal to prospective members.
February 22 -
Karen Church, who became chief executive in 1993, will step down on Feb. 25.
February 22 -
In the year's first instance of a credit union buying a bank, Georgia’s Own Credit Union in Atlanta has agreed to acquire nearby Vinings Bank. The Peach State is home to more than 300 banks, making it ripe for such deals.
February 22
-
The purchase of Vinings Bank in Smyrna, Georgia, is the year's first instance of a credit union buying a bank. There were 13 such acquisitions announced last year.
February 21
-
Super Bowl ads' impact, another overdraft-fees ouster, and more in banking news this week.
February 18
-
The credit union plans to expand its suite of trust and estate services available to members.
February 17 -
The joining of Align Credit Union and Alltrust Credit Union is among the first of several deals in the pipeline where both institutions have more than $250 million of assets, as the ongoing pressures of the COVID-19 pandemic prompt more firms to pair up, experts say. Carmen Sylvester, Alltrust's CEO, will lead the combined organization.
February 17
-
Brian Waldron, who joins from Hudson Valley Federal Credit Union in Poughkeepsie, New York, will succeed Vicki Hawkins, who is retiring.
February 15 -
Employees at Genesee Co-Op Federal Credit Union in New York and Beneficial State Bank in California formed unions in the past year to bargain for better wages and reform their corporate cultures. Will workers at other community institutions follow their lead?
February 14
