PERRY, Fla.—Buckeye Community FCU has reached an agreement with Citizens State Bank to acquire the bank’s Madison, Fla., branch. BFCU expects to begin operating in Madison in June. The deal awaits state and federal regulatory approval.
Fresh Today
ALEXANDRIA, Va.– The National Credit Union Administration announced that the February 2015 issue of The NCUA Report is now available online at http://www.ncuareport.org/ncuareport/february_2015#pg1
DELRAY BEACH, Fla.— IBM Southeast Employees’ FCU has assembled a package of attractive offers to drive used car loans, including a rate as low as 1.34% APR.
RIVERSIDE, Calif.—Two credit unions here have announced plans to merge into what would create a $1.1-billion institution.
Altura Credit Union and Visterra Credit Union, both based in Riverside County, Calif., have announced plans to complete a merger by July 1. Altura Credit Union will be the surviving name for the combined institution, which would serve 118,000 members primarily in California’s Inland Empire region.
ALEXANDRIA, Va.--Credit unions with $100 million or less in assets -- about three in every four federally insured credit unions -- will be eligible for the designation "small entity," and thus additional regulatory relief, under a proposal issued by the NCUA Board today.
NEWPORT BEACH, Calif.—The National Association of CUSOs is pressing Congress to rein in NCUA after the agency testified that it’s “number-one” objective in 2015 is seeking greater authority over vendors.
DOTHAN, Ala.—Five Star CU here has signed an agreement to acquire the $47-million Farmers State Bank in Lumpkin, Ga.
MADISON, Wis.—Credit union membership surged by another 464,000 people during the final month of 2014, making the year one of the strongest ever for new members at CUs as the total rose to almost 102 million Americans.
CLEVELAND, Ohio – The former CEO of the defunct St. Paul Croatian FCU testified during a court proceeding here that he is completely to blame for the collapse of St. Paul Croatian FCU, the most costly failure ever for the National Credit Union Share Insurance Fund.
RANCHO CUCAMONGA, Calif.—Children’s Miracle Network Hospitals are $3.1 million richer, thanks to record credit union contributions last year to CO-OP Financial Services’ Miracle Match by CO-OP program.