January 11, 2024
Via: Banking DivePoughkeepsie, New York-based Hudson Valley Credit Union has agreed to buy Catskill Hudson Bank and its parent company Hudson Bancorp, the company announced Wednesday. Stockholders of the community bank will receive $40.50 in cash for each share of Catskill Hudson […]
June 28, 2023
Via: FinTech FuturesThe credit union says it will utilise Apiture’s Consumer Banking and Business Banking solutions to deliver “in-demand” features through an “intuitive” online interface and mobile app. It will also leverage Apiture’s Data Intelligence solution to drive digital engagement and provide […]
December 15, 2022
Via: Banking DiveBy acquiring Flagler’s four branches and $489 million in assets, Dort will push its own asset total (now hovering around $1.4 billion) to the brink of $2 billion. The deal is hardly unique, though, in linking institutions in Michigan and […]
September 9, 2022
Via: American BankerThe National Credit Union Administration continues to distribute recovered funds to credit unions across the country, but some in North Dakota believe they are being disregarded and deprived of more than $10 million. The NCUA Aug. 29 said it will […]
Activity, Capital and Risk, Corporate Banking, Credit
March 14, 2022
Via: Banking DiveBuying Horizon would give Arizona Federal six new locations and help it expand into the western half of the Grand Canyon State. The bank held $539.5 million in assets, $259.9 million in loans, $471.7 million in deposits and $43.4 million […]
Capital and Risk, Credit, Regulations
September 14, 2021
Via: JD SupraThe Office of the Comptroller of the Currency (OCC) issued a $250 million civil penalty against Wells Fargo Bank, NA for flaws in the bank’s home loan loss mitigation program. In addition, the OCC issued a cease-and-desist consent order requiring […]
January 31, 2018
Via: FinextraNCino, the worldwide leader in cloud banking, today announced that its customer portfolio now includes more than 180 financial institutions across multiple countries, including 10 of the top 30 U.S. banks by asset size and Navy Federal, the world’s largest […]
November 27, 2017
Via: Bank InnovationFintech lenders are making significant gains in the personal loan space, according to a recent TransUnion report, which follows the staggering growth of fintech lenders in the market over the past few years. The report, called Fact versus Fiction: FinTech […]
July 22, 2016
Via: GOBankingRatesWhen comparing credit unions you might notice that some are referred to as “federal” credit unions and others are not. The important distinction between federal credit unions and a non-federal credit unions is how they’re insured and regulated. Apart from the […]
March 26, 2024
March 29, 2024