Purchase would mark fourth credit union takeover of bank in past year and a half.
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.
Landmark has completed 10 credit union mergers in the past three years. This is its first acquisition of a bank.
Massachusetts credit union's assumption first of its kind in the United States, credit union's president says.
When CEO Ron Kase joined Landmark Credit Union 39 years ago, he expected it to grow, but he likely would not have wagered it would reach $2.2 billion by the time he retires in January.
The California Institute of Integral Studies has tapped Technology Credit Union to refinance its headquarters in San Francisco.
Results dismissed by executive of the California credit union in the wake of the quashed bid to become a bank.
During this season marked by expensive, negative and continuous campaign ads and hyper-inflated rhetoric, waxing political seemed appropriate.
I just spent a vacation in Virginia. The blaring, nonstop attacks of the candidates on each other were completely obnoxious. I couldn’t have been happier to return to Maryland, which is not considered a swing state in this election. During this season marked by expensive, negative and continuous campaign ads...