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NAFCU sets the record straight on CU, bank mergers in response to banker attack

NAFCU sets the record straight on CU, bank mergers in response to banker attack NAFCU President and CEO Dan Berger Thursday wrote to Treasury Secretary Janet Yellen to clarify falsehoods and inaccuracies about credit union and bank mergers hurled by the Independent Community Bankers of America (ICBA). In the letter, Berger explained that bank and credit union mergers are voluntary, market-based transactions that require a community bank’s board of directors vote. “To be clear, the bank makes the ultimate decision to sell to, and merge with, a credit union,” wrote Berger. “These transactions are a far cry from ‘hostile takeovers.’

Northpointe Bank Ranks 8th in the Nation on S&P Global s Best Performing Community Banks of 2020 Analysis

Northpointe Bank Ranks 8th in the Nation on S&P Global s Best Performing Community Banks of 2020 Analysis News provided by Share this article Share this article GRAND RAPIDS, Mich., July 6, 2021 /PRNewswire/ Northpointe Bank earned the number eight (8) spot in the nation for best performing community banks between $3B and $10B in assets, according to S&P Global Market Intelligence rankings for 2020 . This top honors comes in addition to record-breaking year, and the creation of over 261 new jobs in the past 12 months. This success can be directly attributed to an amazing team of employees and leadership all working toward the shared goal of offering the best value to clients across the nation.

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