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The company agreed to buy Bank of River Oaks for $85 million in cash.
February 13
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A financial health care well-being initiative Allegacy FCU has offered employees for about a decade is being expanded to the entire membership, thanks to a new partnership with a local clinic.
February 13
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The two Lima, Ohio-based CUs will combine to create a $44 million-asset institution.
February 13
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People's Bank of Commerce in southern Oregon decided it had to diversify to survive, so when a director heard a factoring firm he co-founded was up for sale, the bank seized the moment. Now it has other deals in mind.
February 13
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The $1 billion-asset Alaska-based credit union has tapped its former chief operating officer for the top spot.
February 13
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The California-based CU says its 2018 emphasis will be on member retention and expansion.
February 13
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HopFed was ordered to pay the legal fees for Stilwell Group, which sued the bank after its directors passed a bylaw intended to keep the investor off its board.
February 12
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Here's a look at how credit unions are giving back to -- and getting recognized by -- their communities.
February 12
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Strong policies against sexual harassment appear to be a factor in shielding banks from the public shamings that have occurred in other industries, but even they know they can’t get too complacent. Some are ditching old training sessions and trying new things like coaching witnesses on how to report demeaning behavior.
February 12
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Ron Celaschi will take the helm as CEO when Mark Brennan retires in March.
February 12
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The California company has agreed to buy Grandpoint Capital, a business bank in Los Angeles, for $641 million.
February 12
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Credit unions had a pretty good 2017, but with many big banks still reeling from scandals there are steps CUs can take to make 2018 even better.
February 9
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Darryl White sees an opportunity for Bank of Montreal to take more market share in the United States, and he’s betting on investments in mortgage lending, commercial banking and capital markets to get there.
February 9
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Daniel Bullock succeeds Aaron Wood at the Evansville, Ind.-based community-chartered credit union.
February 9
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The Fed determined that Jacob Goldstein, who was also president of NBRS Financial Bank, improperly signed off on loans without telling the board that he would benefit from them. The bank failed in 2014.
February 8
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The $41 million credit union based in Leesburg, Va., has tapped Travis Allento succeed Darrin Myers as the CEO.
February 8
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Former COO Todd Hall will take over as president, while Marc Schaefer will stay on as chief executive officer.
February 8
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The credit union has more than doubled its asset size since Staatz was appointed CEO in 2003.
February 8
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Marquette Bank is proof that community banks don't have to be the fastest or flashiest to compete with online lenders. Instead, the Chicago bank closely mirrored fintech offerings while promoting personal service to set itself apart.
February 8
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After 21 years of being president and CEO, Katherine Hutchinson plants to retire once the Board of Directors selects a new leader.
February 7
