Trades say the rules, which take effect for FYs after Dec. 15, 2020, may unnecessarily burden credit unions.
In its third merger deal of 2016, the $19.9B credit union will acquire San Antonio's first cooperative in August.
Is a bank acquisition the right move for your credit union?
If approved, the league’s merger with the Cooperative association will form the first four-state league.
Economists say the Fed’s decision not to raise rates means more of the same for CUs, including unhappy savers.
Since 2012, 10 credit unions have bought 11 banks; this year, two deals were announced and one was completed.
The $1.24B North Island’s CEO, Steve O’Connell, previously led the $1.53B California CU.
The $6.1B Jacksonville, Fla.-based Vystar closed its offices and call center early on Monday.
Total loans reach nearly $800B at the end of Q12016, an increase of 10.7% from a year ago.
Credit discrimination based on sexual orientation and gender identity still exists despite growing social acceptance of LGBTQ lifestyles.