Credit unions

And now, the hard part of the Fed’s path to real-time payments

08/05/19

Addressing payment security and achieving interoperability with a rival, private-sector network are just some of the challenges the central bank faces in building a government-backed real-time payment system.

[more]

Is a hearing on pot banking as far as GOP will go?

07/23/19

Despite the Senate Banking Committee’s willingness to discuss the issue, Republican support for legislation is still in question.

[more]

First South credit union to buy WinFirst Bank in Kentucky

07/23/19

There have now been a record 10 credit union-bank merger deals in 2019.

[more]

Banks, appraisers assail NCUA rule as 'bad public policy'

07/18/19

The National Credit Union Administration caught flak after it approved raising the threshold for appraisals on commercial real estate loans to $1 million.

[more]

Emboldened by CECL delay, industry seeks repeal

07/17/19

After FASB's decision to give most banks extra time to prepare, lobbying groups are pushing for more.

[more]

Illinois credit union buying Ben Franklin Financial

07/17/19

The former mutual, which had faced pressure from an activist investor, agreed to be sold to Corporate America Family Credit Union.

[more]

Is core-banking technology nearing a 'big shake-up'?

07/02/19

Alexander Lopatine, who founded Nymbus and has joined Mbanq, says alternative providers are gaining the confidence of more banks. However, questions remain about their staying power in the fight with traditional vendors.

[more]

M&A 2019: Tech moves to center stage

06/28/19

Aside from BB&T-SunTrust, dealmaking got off to a sluggish start this year. But that may soon change, not just because of pressure to achieve scale. For many banks and credit unions, a technology-capability gap could be the determining factor.

[more]

Iowa bank announces second asset sale to a credit union

06/26/19

First American Bank agreed to sell its Iowa branches to GreenState just weeks after arranging the transfer of its Florida locations to another credit union.

[more]

Credit unions are buying banks, but can they keep the customers?

06/25/19

The biggest challenge for credit union acquirers involves retaining commercial customers at the banks they buy. That's why constant communication, and having more commercial products and services, matter.

[more]