ICBA urges Congress to crack down on CU-bank deals
The head of the small-bank trade group called for hearings to discuss tougher limits on credit union acquisitions of banks. ... Read full article
News Topic: Credit unions
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Upsides of bank sales to credit unions
The benefits include improved financial inclusion, the chairman of the NCUA argues. ... Read full article
Credit Unions with the Largest Portfolios of Loans and Leases
On Sep. 30, 2019. Dollars in thousands. ... Read full article
Credit Unions with the Most Deposits
On Sep. 30, 2019. Dollars in thousands. ... Read full article
Credit Unions with the Most Assets
On Sep. 30, 2019. Dollars in thousands. ... Read full article
Critics of credit union-bank mergers have it all wrong
Bankers may not want to hear this, but communities benefit when credit unions buy banks. ... Read full article
Will NCUA capital plan encourage more bank-credit union deals?
Two major banking organizations objected to a proposal by the agency that would expand the pool of investors in subordinated debt issued by credit unions. They fear it could provide credit unions more financing to buy banks. ... Read full article
Why we converted from a credit union to a bank
A former credit union CEO explains why it chose to become a bank, subject to taxes, and says Congress needs to intervene in discussions on an NCUA proposal to loosen capital standards. ... Read full article
Credit union-bank deals may have peaked (for now)
Pushback from banks, a smaller pool of sellers and potential regulatory hurdles could pose setbacks for credit unions this year. ... Read full article
Credit union to buy Colorado branches from Liberty Savings
Blue Federal Credit Union in Wyoming will also gain about $100 million in deposits. ... Read full article
Colorado banking group asks state regulator to halt credit union-bank deal
The Colorado Bankers Association claims that state law bars Elevations Credit Union from buying Cache Bank & Trust. ... Read full article
Credit union to acquire seven TCF branches in Arizona
Alaska USA Federal Credit Union will nearly double its operations in Phoenix after it buys the locations. ... Read full article
Banks and Thrifts with the Largest Portfolios of First Mortgages
On Sep. 30, 2019. Dollars in thousands. ... Read full article
Banks and Thrifts with the Largest Portfolios of Home Equity Loans
On Sep. 30, 2019. Dollars in thousands. ... Read full article
6 takeaways from bank M&A in 2019
Though there were several high-profile mergers of equals among bigger banks, deal activity rose only slightly, and the vast majority of transactions involved the smallest of institutions. Here's an overview of those trends and others that stood out in ... Read full article
Will Congress do anything about credit unions buying banks?
The community bank lobby has said the recent deals are another reason to rein in the credit union sector. Some House members are beginning to take notice. ... Read full article
Truist fights credit union's claims of copyright infringement
The company created by the BB&T-SunTrust merger said that Truliant Federal Credit Union does not own the trademark rights to names beginning with the prefix "tru." ... Read full article
Credit union blockchain ID pilot could benefit small banks too
A new system uses biometrics and distributed ledger technology to safeguard call centers from identity theft attacks. ... Read full article
The Navy commander behind the credit union banks love to hate
Navy Federal Credit Union is Exhibit A in banks' case to tax the credit union industry. But it wasn’t always seen as the powerhouse it is today. Meet Adm. Cutler Dawson, the man who changed that. ... Read full article
Credit unions' bank buyout spree snags biggest fish yet
Apollo Bank's agreement to be sold to a credit union has bankers worried there will be larger such sales in 2020. ... Read full article