News Topic: utah

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John Lund joined the Utah-based credit union as a courier in 1975 and was named CEO in 2012. His successor has spent more than three decades there. ... Read full article

Organizers of Bank of St. George still need to raise $18 million before opening. ... Read full article

The company, which plans to become Altabancorp, said the initiative removes brand confusion and puts its size and scale on display. ... Read full article

More details have surfaced about Interactive Brokers' planned bank. It would accept deposits and originate loans through an online channel only, its application says. ... Read full article

A group affiliated with Interactive Brokerage Group has filed an application with the FDIC to form Interactive Bank. ... Read full article

Utah this week became the third state to let companies test cutting-edge financial products without fear of violating licensing and other regulations. ... Read full article

The group behind Bank of St. George is looking to bring in up to $22 million in initial capital. ... Read full article

Michael Ward, a former CEO at Mrs. Fields Famous Brands, has been a Prime Alliance director for 14 years. ... Read full article

Organizers of the Bank of St. George have filed an application with the FDIC and state regulators and plan a public stock offering. ... Read full article

FNB Bancorp in Utah, which is being sold to Glacier Bancorp, decided that the Montana bank's decentralized model would save jobs and give its management team more autonomy. ... Read full article

Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer. ... Read full article

The Montana company will more than double its assets in Utah when it buys FNB Bancorp. ... Read full article

The Salt Lake City bank said consumer loans rose 7% from a year earlier. That was one of its several quarterly highlights. ... Read full article

The student loan servicer called the move a "temporary step back" in what it had expected to be a lengthy process. ... Read full article

Zions is streamlining its 500 deposit products as part of a massive core conversion, and its female executives are leading the effort. ... Read full article

Varo Money just received conditional approval from the OCC. Now it has to raise capital, create a CRA plan and get a go-ahead from the FDIC. ... Read full article

The OCC required the company to raise more capital and complete a CRA plan. Varo Bank still needs FDIC and Fed approval before opening. ... Read full article