savings bank

• Tax Worlds Collide on Capitol Hill

  By Heather Anderson  |  April 24, 2013

  Tax reform debate began in earnest for credit unions April 11, when representatives from CUNA and NAFCU were called to Capitol Hill to plead their case for preserving the industry’s tax exemption before a House Ways and Means Committee working group.

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  Obama Budget Inflates CU Exemption Cost as Trades Face Congress

  By Heather Anderson  |  April 15, 2013

  Banks' Subchapter S exemption not on president's targeted tax savings list.

• Wisconsin DFI Approves Landmark Credit Union Acquisition of Hartford Savings Bank

  By Peter Strozniak  |  March 22, 2013

  Only approval by the FDIC awaits final approval of the sale of the $190 million Wisconsin community bank to $2.1 billion Landmark CU.

• NCUA Approves Landmark Credit Union’s Acquisition of Wisconsin Bank

  By Peter Strozniak  |  March 20, 2013

  Landmark has completed 10 credit union mergers in the past three years. This is its first acquisition of a bank.

• Wisconsin Credit Union Makes Bid for Savings Bank

  By Peter Strozniak  |  October 7, 2012

  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.

• Wisconsin's Landmark Credit Union to Buy Savings Bank

  By Peter Strozniak  |  September 25, 2012

  Purchase would be third credit union takeover of bank in past year.

• Promotions and New Hires from CUs

  July 22, 2012

  New staffing positions for CU employees.

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  NCUA Merger Policy Questions Arise Again

  By Jim Rubenstein  |  June 18, 2012

  Despite recent activity, the NCUA has said it is not in the business of pushing mergers in 2012. According to an agency spokesman, there is “an upsurge in mergers this year which is likely due to the ability of continuing credit unions to assume the responsibilities associated with mergers as...

• FDIC OKs GFA FCU Bid to Buy New Hampshire Thrift

  By Jim Rubenstein  |  June 15, 2012

  Two of four steps completed in bid for Massachusetts credit union to buy New Hampshire bank.

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  GFA FCU’s Bank Bid Advances on Shareholder Vote

  By David Morrison  |  June 11, 2012

  The 20,000 member, $353 million GFA Federal Credit Union, headquartered in Worcester Mass., moved a bit closer to finalizing a purchase of a stock-owned thrift when a majority of the bank’s shareholders voted to approve the deal.