Industry News
Industry News
-
Bankers say the Biden administration’s call for regulatory greater scrutiny of mergers and acquisitions is causing holdups and could slow dealmaking activity in 2022.
December 7 -
Stephanie Sherrodd, who was most recently CEO of Texas Dow Employees Credit Union, will take the helm of the New Mexico credit union in January.
December 6 -
The prepaid card issuer Green Dot backed out of the deal for fear of inheriting a regulatory problem. Republic plans to pursue a separate legal challenge alleging breach of contract.
December 3 -
The $129 million deal for Rahway-based RSI would give Columbia a stronger presence in Union and Middlesex counties.
December 2 -
The combination is a bid to offer members expanded access to financial services and a larger network of locations.
December 2 -
Charlie Watts was most recently chief financial officer for Colorado Credit Union, a role he held for the past eight years.
December 2 -
Chryssa Halley, who has been with the company since 2006, was named CFO and Jim Holmberg was named controller.
December 2 -
The commissioner of the Tennessee Department of Financial Institutions said Orion Federal Credit Union's deal for Financial Federal Bank violates the Tennessee Banking Act.
December 2 -
The Denver company said it would pay $56 million for Legacy Bank in Colorado and pick up nearly $500 million of assets.
December 1 -
To distinguish itself from the Chicago-based credit union of the same name, Alliant Credit Union in Dubuque is becoming AIM Credit Union. It was founded as Interstate Credit Union in 1933.
November 30 -
Scott Earl will step down from his leadership role at the trade group at the end of June.
November 29 -
The tech entrepreneur has been increasingly focused on Bitcoin, a key growth area for the payments company he co-founded.
November 29 -
The credit union has promoted Timothy Mislansky to lead the organization. He succeeds Doug Fecher, who announced his retirement earlier this year.
November 29 -
Symphony Technology Group is in talks to acquire parts of Fidelity National Information Services' capital markets business in a deal that could be valued at about $2 billion, according to people familiar with the matter.
November 24 -
Debbie Guiney, who joined the institution in 1977, will step down at the end of this year.
November 24 -
Friendly Hills Bancorp's board is due for a shake-up after its management team underperformed for more than a decade, says shareholder Frank Kavanaugh.
November 24 -
With nearly $20 billion of exposure in the world’s second-largest economy, JPMorgan Chase has a lot riding on maintaining cordial relations with a government that’s sensitive about anything that might be construed as questioning its legitimacy.
November 24 -
Dustin Cuttriss will succeed Kevin Willour, who is retiring at the end of 2022.
November 23 -
The buyer said it would enter two of Wyoming’s largest markets and expand in Nebraska and Colorado with the purchase.
November 22 -
John “Bernie” Winne has led the credit union for 20 years. He is stepping down at the end of June 30.
November 22













