Federal regulator orders Symitar provider to resolve disaster recovery issues following Hurricane Sandy.
GOP Rep. Randy Neugebauer asks for speedy approval from banking industry regulators, sparking calls for caution from some insurers.
During a closed meeting, the NCUA Board unanimously approved Landmark Credit Union’s acquisition of Hartford Savings Bank, subject to approval from the FDIC, according to a Board Action Bulletin posted last week on the NCUA’s website.
Only approval by the FDIC awaits final approval of the sale of the $190 million Wisconsin community bank to $2.1 billion Landmark CU.
Landmark has completed 10 credit union mergers in the past three years. This is its first acquisition of a bank.