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March 31, 2023
Since 2011, and in ever-growing volume, credit unions have been buying community banks. Some see it as the free market at work while bankers say this is another example of credit unions' unfair advantage.
June 24, 2022
Participants in the sale of banks to credit unions may need to do a better job of due diligence and gauging the receptivity of their regulators to such deals, experts say in response to the cancellation of VyStar Credit Union's agreement to buy Heritage Southeast Bank.
April 20, 2022
Regulators in a half dozen states have now thrown at least temporary roadblocks in front of credit unions’ effort to buy community banks.
April 19, 2022
Regulators in a half dozen states have now thrown at least temporary roadblocks in front of credit unions’ effort to buy community banks.
January 19, 2022
The economic and political conditions are in place for bank-credit union mergers to blow past last year's total of 13 despite the banking industry's strong opposition to them.
December 2, 2021
The commissioner of the Tennessee Department of Financial Institutions said Orion Federal Credit Union's deal for Financial Federal Bank violates the Tennessee Banking Act.