Coronavirus scuttles major credit union-bank deal
Suncoast Credit Union and Apollo Bank said the pandemic complicated their efforts to secure regulatory approval. ... Read full article
Suncoast Credit Union and Apollo Bank said the pandemic complicated their efforts to secure regulatory approval. ... Read full article
The Independent Community Bankers of America accused the National Credit Union Administration of using the coronavirus outbreak to usher in additional changes without the normal amount of scrutiny. ... Read full article
Tinker Federal Credit Union's deal for Prime Bank in Edmond, Okla., is set to close later this year. ... Read full article
Banks typically don't offer loans to cash-strapped consumers, and are poorly positioned to start doing so on an emergency basis — unless the government steps in to help. ... Read full article
Noah Wilcox, a third-generation banker, says community banks are best-positioned to provide stability and capital in underserved markets during uncertain times. ... Read full article
First American Bank agreed to cover costs incurred by the Iowa Division in Banking, while the regulator made it clear that the accord would not set a precedent for future credit union-bank deals. ... Read full article
Credit unions could be feeling some of the heat from critics of their bank takeovers, or simply gearing up for another round of activity. ... Read full article
The debate centers on whether guidance on credit union-bank mergers is necessary. ... Read full article
The banking group issued lawmakers a guide on questions to ask when credit union executives visit Capitol Hill this week. ... Read full article
Though the agency plans to give more credit unions authority to issue subordinated debt, limited investor appetite and other factors could hamper activity. ... Read full article
The author of a recent op-ed fails to realize that making credit unions pay corporate taxes would drive up costs for customers and weaken the economy. ... Read full article
The credit union regulator's portfolio sale dashed the hopes of a group of New York taxi drivers looking for relief. ... Read full article
The entire banking industry needs to join the fight instead of waiting for Congress to act. ... Read full article
Congress should further expand a tiered regulatory system to help community banks better serve local neighborhoods. ... Read full article
Wings Financial Credit Union expects to complete the purchase of Neighborhood National Bank in the third quarter. ... Read full article
The credit union service organization Member Driven Technologies has a laid-back environment but works hard to translate its internal culture to employees who may be hundreds of miles from headquarters. ... Read full article
On Sep. 30, 2019. Dollars in thousands. ... Read full article
On Sep. 30, 2019. Dollars in thousands. ... Read full article
On Sep. 30, 2019. Dollars in thousands. ... Read full article
Despite what one critic says, Alaska USA Federal Credit Union’s acquisition of branches from TCF Financial will help underserved communities in Arizona. ... Read full article