Lawyers handling the planned takeover of an ailing New Hampshire bank by a Massachusetts credit union expressed optimism Thursday the deal can clear regulatory hurdles.
Griffiths Savings Banks begins the new year as a branch of United Federal Credit Union of St. Joseph, Mich.
Michigan CEO Gary Easterling says he's heard from "maybe five or six" others.
That precedent-setting deal by Michigan’s United Federal Credit Union to merge an ailing Indiana savings bank gained NCUA approval last week and now seems certain to be the model for more to come, its architect says.
On pace to double its asset base twice in the next decade and add 500 jobs by 2020, United Federal Credit Union announced plans to expand its headquarters to accommodate its growing workforce.
The viewpoint expressed by Claude R. Marx in the Sept. 21 issue [Marx on Capitol: “Need More Moneyball, People Power”] makes some strong points as to how credit unions might achieve their longtime goal of raising the member business lending cap.
The $1.2 billion United Federal Credit Union, St. Joseph, Mich, celebrated a milestone by gaining its 100,000th member.
Service Credit Union, Portsmouth, N.H., announced the appointment of William Arnold as chief information officer.