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The Chicago company said its decision was largely based on intense competition, very low margins and economic changes.
April 12 -
Paternostro has led the Westbury, N.Y.-based credit union for 32 years.
April 12 -
The 106-year-old bank is looking to raise $90 million, with plans to use half of the funds to redeem outstanding preferred stock.
April 12 -
Evelyn Canterbury is retiring from the Ohio-based CU after having been appointed CEO in 1982. The credit union's CFO, Paula Heitger, took the helm April 1.
April 12 -
The country's six largest lenders are approaching their strongest capital position since 2013, leaving them with enough resources to pursue acquisitions, buy back shares or build from within. That has the chiefs of Canada's big banks weighing options.
April 12 -
Credit union veteran Thomas Pisano will serve as president and work alongside CEO Dan Rourke until he retires early next year.
April 12 -
The credit union changed its name to reflect a wider field of membership.
April 12 -
Floodwood Area Credit Union and Northwoods Credit Union have completed a merger, with the resulting institution holding more than $110 million in assets and serving more than 10,000 members.
April 11 -
The Consumer Financial Protection Bureau on Wednesday asked for public input on the way it receives and processes complaints from consumers in what the agency said was a preliminary step toward making improvements.
April 11 -
The credit union will be the naming rights sponsor for the team’s new rooftop apartment deck.
April 10 -
It's not enough to say you provide excellent service. You have to define what it is in a concrete, measurable way to live up to that promise. Take these steps to do just that.
April 10
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The music streaming services are becoming popular advertising vehicles for community and regional banks.
April 10 -
A growing number of credit unions are interacting with members through text-messaging channels in place of more traditional contact methods.
April 9 -
The appointment of Christian Sewing as Deutsche Bank's chief executive officer to replace an embattled John Cryan after less than three years — and three turnaround plans — answered just one of the questions hanging over the struggling institution.
April 9 -
Moline, Ill.-based Vibrant has absorbed Dekalb County CU's only branch and all of its staff.
April 9 -
It’s still not business as usual, but the decision to unify its two brands — Popular Community Bank on the U.S. mainland, Banco Popular in the U.S. territories — under a single, simpler name is a welcome sign that Puerto Rico’s largest bank is moving forward after the devastation of Hurricane Maria.
April 9 -
While industry consolidation picked up in 2017, certain regions did better than others, with strong volume and improved pricing. Here’s a look at each region.
April 8 -
The St. Louis-based company partnered with 38 new credit unions last fiscal year.
April 6 -
Donations for life-saving research, branch expansion, activities for kids and other ways credit unions are giving back.
April 6 -
The "Global Good Card" from Summit Credit Union has donated nearly $12,000 to the Worldwide Foundation for Credit Unions, and one person leading the charge says the program can easily be exported to other CUs.
April 6
















