mutual bank

• GFA FCU in Massachusetts Buying N.H. Savings Bank: Exclusive

  By Jim Rubenstein  |  March 1, 2012

  GFA FCU will seek regulator approval to buy bank in Granite State, just weeks after Michigan credit union completes purchase of Indiana bank.

• HAR-CO Maryland Looks to Become Bank by April 1

  By Jim Rubenstein  |  February 28, 2012

  Baltimore-area CU said more than 5,000 members voted and 58% approved.

• Connexus Merging 2nd Hometown CU

  By Jim Rubenstein  |  February 27, 2012

  Marking its second merger bid in two weeks, Connexus Credit Union of Wausau, Wis., said members of $45 million Tower CU approved its offer.

• HarborOne Chafes on FOM and Regs

  By Jim Rubenstein  |  February 26, 2012

  Now there are two large credit unions, the $1.8 billion HarborOne Credit Union of Brockton, Mass., and the $1.5 billion Technology CU of San Jose, Calif., making plans to convert to mutual bank charters.

• Mass. League Sniffs at HarborOne Conversion Balloon

  By Donald Shoultz  |  February 16, 2012

  In a statement, the league stressed that it is important for credit unions to consider the interests of their members first and foremost.

• Former Credit Union Victim of Multimillion Dollar Mortgage Fraud

  By David Morrison  |  January 2, 2012

  Two brothers arrested, charged in financing fraud case.

• 

  Texas Failed Conversion Suit Grinds On

  By David Morrison  |  November 13, 2011

  A lawsuit filed more than three years ago arising from a dispute over a credit union to bank charter change attempt is still dragging on through the Texas courts and promising depositions of many involved in the charter change business.

• HAR-CO FCU Awaits Regulator on Charter

  By David Morrison  |  October 17, 2011

  The members of the $193 million HAR-CO Federal Credit Union have voted to approve the credit union's change to a mutual bank charter, according to an announcement from the CU to its members. The credit union did not returned calls seeking comment on the vote.

• 

  Tech CU: Hampel Totes Ups Cost of Conversion

  By David Morrison  |  October 17, 2011

  If the roughly 73,000 members of Technology Credit Union, a $1.5 billion institution headquartered in San Jose, Calif., vote to convert to a mutual bank charter, they will likely find their increased expenses not restricted to taxes alone, according to CUNA Chief Economist Bill Hampel.

• HAR-CO Mutual Bank Conversion Bid Awaits Regulators

  By David Morrison  |  October 12, 2011

  Maryland credit union's membership approves charter change.