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Citigroup quietly boosted its minimum wage to $15 an hour in June, joining competitors in awarding raises to rank-and-file staff.
August 28 -
The Plano bank, which is being sold to Prosperity Bancshares in one of the industry's biggest M&A deals this year, was also worried about credit quality, a regulatory filing shows.
August 27 -
United Churches Credit Union, which has just one branch, can now serve anyone who worships in two counties.
August 27 -
Intense competition for executives and top lenders has elevated the role acquisitions play in filling key positions.
August 26 -
Helping out after a fire, providing financial education, broadening access to financial services and other ways credit unions are giving back.
August 26 -
The young professionals' development group is searching for a new manager following Lauren Culp's departure on Friday. She will remain in the industry.
August 26 -
Nearly three years after NCUA passed the rule, credit unions are ready to broaden their reach, but the possibility of an appeal to the Supreme Court may put those efforts on hold.
August 26 -
Credit unions across the nation have supported their communities with school supply drives, donating to charities and more.
August 23 -
The two credit unions are expected to complete the integration on Oct. 1 for a combined institution of nearly $3 billion in assets.
August 23 -
How is the Pennsylvania bank trying to differentiate itself in wealth management? By assembling a team of private bankers to cater to the complex needs of high-net-worth clients.
August 22 -
A J.D. Power official says supplemental benefits — many centered on travel cards — need to be pared down. His comments followed the company’s release of survey data that showed these hard-to-understand benefits were a drag on customer satisfaction.
August 22 -
Credit unions are hiring new employees and promoting existing staffers to new roles.
August 22 -
Sheila Bair, who holds board seats at several other organizations, will sit on Fannie's compensation, corporate governance and risk policy committees.
August 21 -
After two consecutive quarters of losses, People's Choice FCU will merge into CityMark FCU when its longtime CEO retires this fall.
August 21 -
Management at the Wyoming, Mich.-based institution decided on the name Bloom Credit Union after a review of its core values and market position.
August 21 -
The company has agreed to buy Albany Bancshares, which has four branches near the Iowa border.
August 20 -
Analysts and big investors say they cannot advocate buying more shares until the bank installs a leader with the authority to lay out a plan for the future. However, speculation about potential candidates has quieted.
August 20 -
Credit unions have made a number of personnel changes, including one institution appointing a chief technology officer and chief lending officer.
August 20 -
The Louisiana company will enter two new markets after it buys the locations.
August 20 -
Community First will pay $40 million in cash for the parent of Affinity Bank.
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