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The deal would be Independent's sixth since 2015 and would continue a wave of consolidation among Boston-area banks.
April 22 -
Under the leadership of former Chief Risk Officer John D'Angelo, the new environmental, social and governance office will oversee the bank's sustainability and corporate social responsibility functions.
April 22 -
Now known as Alltrust Credit Union, the Fairhaven, Mass.-based institution serves more than 14,000 members across New England.
April 22 -
The Maryland company is closer to addressing claims it lacked sufficient controls under its previous management.
April 22 -
Clarity on credit quality has bankers ready to strike deals after a lengthy pause. A steady rise in stock prices has also given potential buyers the financial wherewithal to pursue acquisitions.
April 21 -
Cal Poly Federal Credit Union's recent merger into SchoolsFirst highlights the difficult choice many small institutions face: diversify your field of membership or risk going out of business.
April 21 -
Burns & McDonnell Credit Union holds just $27 million of assets and is seeking approval to merge into CommunityAmerica, which serves the KC metro region and is the largest credit union in Kansas and Missouri.
April 21 -
The Ohio company has opened just 32 of 120 new branches it plans in the region by 2022, but those offices are making a sizable contribution to growth.
April 20 -
The company plans to shutter five locations, or roughly 12% of its network, next month.
April 20 -
Rhonda Diefenderfer, who has led the Billings, Mont., credit unon for 20 years, will retire in May and be succeeded by the credit unions busines vice president of business lending.
April 20 -
The San Diego company will pay $55 million to Morgan Stanley for a business that has 200 custody relationships, $23 billion of custodial assets and $1.2 billion of deposits.
April 20 -
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The Methuen, Mass.-based institution's newest CEO was born in the same town and has more than a decade of experience in the credit union industry.
April 19 -
Trabian Technology, which builds digital products and mobile applications, is the latest in a series of technology-related purchases by MVB.
April 19 -
The company would gain 10 branches around Sacramento as part of the $135 million acquisition.
April 19 -
The Connecticut company will have more than 200 branches and $64 billion of deposits after completing the acquisition.
April 19 -
By migrating to Fiserv’s DNA core account processing platform, Citizens Bank & Trust in Guntersville, Ala., aims to give customers instant updates on balances and transactions.
April 16 -
It’s easy — but pointless — to lament the havoc that the economy has wreaked on performance metrics lately. Instead, draw up an opportunistic new plan, urge your employees to focus on execution and worry less about what rivals are doing.
April 16
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After just 45 days on the job, the Citigroup CEO is jettisoning uncompetitive overseas operations, vowing to ramp up wealth management and touting the long-term importance of the company’s Banamex unit. More moves are on the way, she says.
April 15 -
The retirement of the chief executive at Cincinnatio Ohio Police FCU has resulted in a new hire there and at nearby TruPartner Credit Union.
April 15











