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Ribbon-cuttings for de novos have become more common as regulators have warmed up to the idea of granting new charters. These are the banks that have opened this year, along with more that are on track to do so.
July 9 -
The Honolulu-based institution has doubled its loan portfolio over the past five years as its commercial lending has increased.
July 9 -
From helping young scholars to safely disposing of personal documents, innovative product announcements and more, here are a variety of ways credit unions are making a difference in their communities.
July 8 -
The Tucker, Ga.-based institution said the new name reflected its ties to electric cooperatives while affirming its commitment to member service.
July 8 -
Cynde Jones, who served as an executive vice president for more than a decade, has taken over following longtime CEO Chuck Rutan's retirement.
July 8 -
These programs are allowed in a majority of states, but only a small portion of credit unions offer them. That may change as the need for deposits grows and consumer expectations shift.
July 8 -
Credit unions raised money for a variety of causes, including assisting homeless veterans, breast cancer awareness and the United Way.
July 5 -
Executive searches are hard enough, but a shortage of qualified candidates with strong resumes will make filling those jobs that much more challenging.
July 5 -
AI-focused venture fund Radical Ventures is the lead investor in a $31.5 million Series B round in Sensibill, which boosts it overall financing to $46.5 million. National Bank of Canada is also part of the investment round.
July 5 -
The trade group waited until after the 2018 midterms to launch the awareness campaign, but CEO Jim Nussle says that strategy won’t be repeated next year.
July 5 -
The organization is looking to raise $100,000, which will be used to support in credit unions abroad in the wake of a natural disaster.
July 3 -
Only one CU in West Virginia wants to enter the pot banking space, but they're going against the grain not just of the state's credit union league but an industry where fewer than 1% of institutions are serving that market.
July 3 -
Shares in the U.K.-based small-business lender fell 29% Tuesday after it sought to recalibrate expectations about its growth trajectory. So far, the company has pulled back lending more in the U.S. than in its other markets.
July 2 -
It took the Brooklyn-based credit union 15 years to double its assets from $1 billion.
July 2 -
Theresa LaPlaca, one of four new directors at the company, ran an office Wells formed to address issues tied to its sales and reporting practices.
July 2 -
The $60 million acquisition will allow ACNB, which is based in Pennsylvania, to enter a new market.
July 2 -
The deal comes less than a week after the Louisiana company raised nearly $11 million.
July 2 -
EVP Dan Terada is set to take over following the longtime CEO Neal Takase's retirement.
July 2 -
The technology has become controversial for its potential for bias. Notre Dame professor Kevin Bowyer explains what his studies of this issue have found.
July 2 -
Credit unions have helped out a variety of causes, including making donations to a community resource center, the March of Dimes and local high schools.
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