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Combining the two Southern California-based institutions will create the state's eighth-largest credit union. The deal is also a homecoming of sorts of Xceed CEO Teresa Freeborn, who was previously an executive at Kinecta.
July 17 -
The Los Angeles company said Chang Liu, who runs its bank, will succeed Pin Tai, who is retiring.
July 17 -
A merger proposal at Partners Financial Federal Credit Union was rejected in a member vote. The failure has revealed tensions between management and the board.
July 17 -
The North Carolina regional created by the merger of BB&T and SunTrust is saving money by shedding office space and reworking vendor contracts, but it was forced to put its systems integration on hold for up to a year to prioritize tech upgrades tied to the pandemic.
July 16 -
The South Carolina-based credit union will buy two locations from Arkansas-based Bank OZK as it moves to exit the Palmetto State.
July 16 -
The case stemmed from the credit union's claims that the bank's branding would create confusion among consumers.
July 16 -
The coronavirus pandemic has exposed weaknesses even at well-established fintechs. They could become more resilient by partnering with traditional financial institutions.
July 16
CCG Catalyst -
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Jeff Carpenter, who is currently the president and CEO of CME Federal Credit Union, will take over next year when Brent Taylor retires.
July 15 -
Video banking can be safe and effective but members and staff need to be reminded of common-sense precautions to guard against cybercriminals.
July 15
University Credit Union -
The Boulder-based institution can now serve consumers across 16 different counties, or more than 88% of the state's population.
July 14 -
The Fed’s recent action capping dividend payments might prove inadequate once the coronavirus crisis really hits banks’ capital.
July 14 - Banking brands
Provident Bank was recast as BankProv to avoid confusion as it adds business lines and enters new markets.
July 14 -
The Connecticut company recruited Robert Russell from Millington Bank to become its president and CEO.
July 13 -
A deal to merge Riverset CU into Allegant Community FCU will create the third-largest credit union in western Pennsylvania.
July 13 -
The pressure is on for banks to help Black and Hispanic households build net worth. Many say that starts with diversifying the ranks of middle and upper management.
July 12 -
Center Parc Credit Union, which will operate as a unit of Atlanta Postal, is set to open a pair of Walmart branches this year and a free-standing facility in 2021.
July 10 -
Citizens Bancorp Investment has agreed to buy American Bancshares in a deal expected to close later this year.
July 10 -
BNCCORP named an interim CEO as it looks for a permanent successor for Timothy Franz.
July 10 -
Jay Hendricks, the company's chief operating officer, will succeed William Foster in August.
July 9













