Consolidation strengthens Landmark CU brand in Madison market.
According to comment letters regarding the Consumer Financial Protection Bureau’s proposed mortgage servicing rules, credit unions are strongly opposed to changes in disclosed annual percentage rates, and are also asking for more time to implement the final rules.
Comments from credit unions express concerns about rates, compliance burden as January effective date approaches.
The $2 billion Landmark Credit Union of New Berlin, Wis., has filed applications with federal and state regulators to buy the $190 million Hartford Savings Bank, a state-chartered mutual savings bank in Hartford, Wis.
Purchase would be third credit union takeover of bank in past year.
With the help of tellers like Joey Marczewski, Landmark Credit Union raised $30,145 for Children’s Hospital Foundation by selling $1 “links” and $10 “hearts” during their Credit Unions for Kids Chain of Hearts campaign.