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Raging Capital Management also urged the company's board to repurchase stock and think about selling a minority stake in the payments processor Evertec.
December 10 -
Raging Capital Management also urged the company's board to repurchase stock and think about selling a minority stake in the payments processor Evertec.
December 10 -
The company will gain branches in Northampton County as part of the $79 million deal.
December 10 -
Fairfax County Federal Credit Union's new name is intended to illustrate a reach well beyond what its original name implies.
December 10 -
Big Tech’s entry into the financial services space and changes in consumer behavior patterns could push some institutions away from Facebook and Twitter, but a host of new platforms are vying for the industry's attention.
December 10 -
Absorbing Health Facilities FCU will deepen S.C. Federal's presence in the city of Florence.
December 9 -
The deal will create a bank with nearly $50 billion in assets.
December 9 -
Cost cutting and systems integrations are short-term priorities, but over time CEO Kelly King and his heir apparent, Bill Rogers, will have to exploit the combined BB&T-SunTrust's revenue potential and prove the biggest post-crisis merger was a good idea.
December 9 -
The company will merge Fidelity Savings and Loan and Washington Savings Bank into its own bank.
December 7 -
The $28 million-asset AB&W Employees Credit Union will merge following a year of uneven financial results.
December 6 -
Credit unions across the country make philanthropic donations all year long, as well as during the week after Thanksgiving.
December 6 -
The National Credit Union Administration recently made it easier to hire job applicants with small criminal offenses in their past, but some in the industry still have concerns.
December 6 -
The company will pay $122 million for six branches and nearly $1 billion in assets.
December 5 -
While digital channels are becoming more popular, many banks remain committed to highway advertising.
December 5 -
Stephen Grech, currently CEO of Monroe County Community FCU, will move to the $225 million-asset LOC early next year.
December 5 -
The Albany-based credit union has picked up tiny City of Schenectady Employees FCU, which has struggled with profitability issues for years.
December 5 -
EVP/COO Kim Reedy will take the helm after David Doss steps down.
December 5 -
The regulator says the bank needs to address employee complaints and pay controls; the presidential hopeful would make it more difficult for banks to combine.
December 5 -
The industry's dominant growth strategy of 2019 was a hot topic during a House Financial Services Committee hearing.
December 4 -
Credit unions must do a better job focusing on how members interact with the institutions chartered to serve them.
December 4
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