Friday, April 18, 2014
FDIC, OCC Green Light Five Star's Bid For Flint River
DOTHAN, Ala.—The FDIC and OCC have approved the proposed sale of Flint River National Bank to the $260 million Five Star CU here.
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Another small credit union says it is looking to merge due to increased regulatory burdens, as $26.8 million Santa Cruz County Employees CU, Santa Cruz, Calif., has entered into a merger agreement with $704 million Bay FCU. more »
The full capabilities of a core-processing platform are often underutilized until a CU is ready to fire on all cylinders. more »
VERNON HILLS, Ill.—When it comes to social media in the credit union community, the spotlight quickly turns to Facebook, Twitter and Instagram, often ignoring LinkedIn. more »
A new credit union service organization is helping credit unions collect on charged-off accounts and return "prior prime" members to their former CUs. more »
COLUMBUS, Ohio — Telhio Credit Union has acquired Shiloh Baptist Church FCU. more »
WICHITA, Kan. — The $225 million-asset Mid American Credit Union has acquired the Lawrence Kan.-based Jayhawk FCU. more »
POUGHKEEPSIE, N.Y. — Matteawan FCU has merged with Hudson Valley FCU, the two credit unions announced Tuesday. more »
OSHKOSH, Wis. — A trio of Wisconsin credit unions have decided to merge — a rare event in itself, made all the more unusual in that none of the three are struggling. more »
MADISON, Wis. — A recent trip to Brazil organized by the World Council of Credit Unions exposed a dozen American CU professionals to Brazil's credit union system, but it may also be the last trip of its type for some time to come. more »
EL SEGUNDO, Calif. — A recent study found the No. 1 feature consumers look for in a bank or credit union is low or no fees, which should be an advantage credit unions can leverage, according to one analyst. more »
BILOXI, Miss. — The Mississippi Department of Transportation (MDOT) FCU here is set to merge with Keesler FCU at the end of March. more »
Darigold Federal Credit Union has taken the first steps to merge into Sound Credit Union, pending regulatory approval and a vote by Darigold's members. more »
FORT WAYNE, Ind. — Fort Financial CU and ITT Employees' FCU here have announced plans to merge. more »
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