INDIANAPOLIS–John M. Floyd & Associates (JMFA), which has relationships with numerous credit unions, has been acquired by HKW, a middle-market private equity firm focused on growth-oriented companies.
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WASHINGTON–The FDIC has unanimously approved the merger application submitted by Bank Branching and Trust Company (BB&T) in Winston-Salem, N.C., to merge with SunTrust Bank of Atlanta.
SACRAMENTO, Calif.–The Golden 1 Credit Union said it is paying out a member giveback totaling $20 million to approximately 1.1 million member accounts.
ANN ARBOR, Mich.– For the first time in the history of the American Customer Satisfaction Index (ACSI), banks have been given a higher customer satisfaction score than credit unions.
WASHINGTON—Credit unions grew both sides of the balance sheet in the third quarter of 2019, according to Callahan & Associates.
RALEIGH-DURHAM, N.C.–Credit unions gathered here were urged to recognize (and leverage) the “wisdom of crowds.”
RALEIGH-DURHAM, N.C.–The changing demographics of the United States are having real implications on members and their ability to save.
For credit unions, it will mean introducing reforms in both products and approaches, according to one person.
RALEIGH-DURHAM, N.C.–Credit unions here got an unconventional lesson in entrepreneurship and capitalism as part of an effort to learn from markets outside the traditional CU experience. In this case, rural marketplaces in Ecuador.
WASHINGTON—A new Financial Stability Report from the Federal Reserve identifies a number of near- and long-term vulnerabilities facing the financial system, including historically-high corporate debt, reduced capital buffers at large banks, deteriorating market liquidity conditions, and slowing global economic growth. Separately, the Fed has also released a statement following a recent meeting at the White House.
ST. PETERSBURG, Fla. — PSCU said it is making a multi-year investment of $100 million to further advance its solutions.