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The online lender’s name will go on a glitzy new stadium scheduled to open next year in Inglewood, Calif. The big question is whether the 20-year deal will contribute to profitability, which SoFi has yet to achieve on a consistent basis.
September 15 -
The Seattle company rebranded as WaFd Bank to address confusion that it might have ties to the federal government.
September 13 -
Rob Picard is replacing Sue Cross, the Hampden, Maine-based credit union's long-term CEO who is retiring.
September 13 -
An increase in credit union acquisitions of banks has been a blow to the morale of many commercial bankers, and some of their trade organizations are trying to slow down the trend. There may be little they can do.
September 12 -
Jay Gostonczik will head the Minnesota-based institution when Richard Nesvold retires during the first quarter of 2020.
September 12 -
Corporate Central Credit Union and South Carolina Federal Credit Union made changes to their marketing teams while other institutions announced personnel changes.
September 12 -
In addition to launching an automated investing app, the bank created a dedicated adviser unit to provide personal service to customers when they need it.
September 11 -
First Community Bankshares will buy Highlands Bankshares for $91 million.
September 11 -
The Texas-based institution will work alongside CU Financial Group to provide insurance solutions for members
September 11 -
Dimon doesn’t expect it to happen, but the bank is getting ready just in case; the state will require banks to disclose their relationship with gun sellers.
September 11 -
Numerated, a vendor of loan prospecting, marketing and underwriting software that was developed within Eastern Bank, now has $32 million.
September 10 -
Credit unions have recently promoted and hired new employees in areas such as retail management, business lending and marketing.
September 10 -
A proposed combination of First Defiance and United Financial is designed to create an Ohio company that can better weather shocks from lower rates and economic uncertainty.
September 9 -
Donald Wetzel, the man who devised the first U.S. cash dispenser, says automated tellers will always exist — even as they evolve beyond their initial purpose.
September 9 -
The deal between First Defiance and United Community would create a $6 billion-asset bank.
September 9 -
Credit unions are banding together to support for those in need by making donations, giving out scholarships and more.
September 6 -
Despite state charters' best gains in four years, their ranks continue to shrink at a pace nearly equal to that of federal charters.
September 6 -
Both banks focus on the Chinese-American community.
September 6 -
The Baltimore company will pay $31 million for MB Bancorp.
September 6 -
Some in the credit union industry were recognized for their dedication while others took on new jobs or were promoted to new challenges.
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