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The Mississippi company has agreed to buy First Florida Bancorp in Destin, Fla., as part of its plan to build a community bank stretching across the Gulf region.
July 23 -
There have now been a record 10 credit union-bank merger deals in 2019.
July 23 -
Earnings at the Cincinnati company fell 25% from the same period last year, largely due to $109 million in expenses tied to its March acquisition of MB Financial.
July 23 -
Bank posts its best second quarter since 2010 after a disappointing Q1; Cerberus in talks to buy loans at the center of a major accounting error.
July 23 -
With the industry continuing to consolidate, credit unions must address mergers in their strategic planning sessions so they are ready to be on either side of the deal when the opportunity arises.
July 23 -
From sponsoring math tournaments to programs that help prevent identity theft, these credit unions are striving to make a difference well beyond the financial services arena.
July 22 -
Marc Schaefer, who has led the credit union since 1995, has announced plans to retire. President Todd Hall will take the helm on Jan. 1, 2020.
July 22 -
The New York-based institution will double the number of counties it can serve as part of the effort to grow.
July 22 -
Timothy L. Anderson, who has held C-level positions at a number of other credit unions, including Government Printing office FCU and Treasury Department FCU, has taken over following CEO Kenneth Kramer's departure.
July 22 -
Firm will pay $700 million to settle issues stemming from data breach; don’t expect JPM CFO Jennifer Piepszak, or anyone else, to be named heir apparent.
July 22 -
A hot job market and the ongoing wave of CEO retirements mean credit unions need to be thinking well beyond the corner office when considering recruitment and retention.
July 22 -
Bruce Adams, who previously served as general counsel to Connecticut Lt. Gov. Nancy Wyman, will join the Credit Union League of Connecticut next month.
July 19 -
From Red Cross donations to charity golf outings, scholarships for educators and more, here's another look at how credit unions are giving back.
July 19 -
Christopher Myers will retire as president and chief executive of CVB next spring, and the California bank says it will hire a search firm to begin seeking his replacement.
July 19 -
While executives at the Buffalo, N.Y., bank said they would take a closer look at spending, especially given the potential for interest rate cuts, they described investments in tech talent as an essential cost of doing business.
July 18 -
The Lutherville, Md.-based credit union returned $1.25 million to members in the first half of the year, on the heels of a $2M payout last year.
July 17 -
The institution was formerly known as SF Police CU but can now serve law enforcement officers statewide.
July 17 -
Banks can fine-tune their apps so the customer doesn't give up halfway through a cumbersome sign-up process.
July 17
ABBYY -
Credit unions are slowly embracing the impact data analytics can have on the bottom line, but experts say goal-setting and measurable achievements must also be a part of the process.
July 17 -
A new project backed by the government of Luxembourg could ultimately be influential in the U.S., where banks have been slow to develop a shared platform for digital identities.
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