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The Iowa company will pay $280 million to gain 25 branches and $1.2 billion in loans.
February 11
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Lauck, who joined the nonprofit in 2011, led the organization during an era that solidified it as the credit union movement’s philanthropic partner of choice.
February 11
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Emburse, a new consolidation of several corporate expense management platforms, now supports instant reconciliation of business expenses at the moment the transaction occurs.
February 11 -
Ken Karels will be succeeded by Mark Borrecco, who had been CEO of Rabobank's U.S. bank.
February 11
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Brandee McHale will be president of the Citi Foundation and oversee the company's community development, inclusive finance and impact investing teams.
February 10
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Ed Skyler, the bank's global head of public affairs, says a newly established $150 million fund will make equity investments in firms seen as having a positive impact on society.
February 10
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The deal, expected to close later this year, will expand the Apple Valley, Minn.-based credit union's reach to 30 branches across the state.
February 10 -
From taboos to cost concerns, some say the industry hasn’t moved quickly enough to tackle a key risk area.
February 10
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The credit union can now serve consumers in two additional counties.
February 7
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The bank’s top shareholders want the chairman to quit if he won’t support the CEO; HSBC expected to go forward with job cuts while searching for permanent boss.
February 6
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New technologies are making fraud detection even more of a challenge for financial institutions, but there are steps credit unions can take to protect themselves and their members.
February 6
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The Mississippi company will pay $49 million for Traders & Farmers Bancshares.
February 5
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The timing couldn’t be worse for ag and energy lenders as well as global banks, which were all counting on the Chinese market to help bolster commercial lending and fee income.
February 4
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Fewer than 30 CUs in the state would be eligible to make use of the rule, intended to help rural institutions and others attract a more qualified pool of directors and committee members.
February 4
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Brian McKay will lead the Greensville, S.C.-based credit union beginning in April
February 4
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The Michigan company will pay $101 million for the parent of First National Bank in Howell, Mich.
February 4
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The bank would make small-business loans on the online retailer’s platform; Fed survey says banks worry about increasing delinquencies, especially in subprime.
February 4
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Waltham Municipal Employees CU served fewer than 700 members with a total of $8.5 million in assets.
February 3
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Unlike other regions of the country, the western U.S. has seen very few large bank mergers in recent years. Here's why Pacific Premier's acquisition of Opus Bank could change that.
February 3
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A look back at CU Journal's latest special report on the challenges the industry could face in the year ahead.
February 3
