Not only are credit unions merging with increasing frequency, the leagues and associations that serve them are joining forces too. In the most recent example, the League of Southeastern Credit Unions & Affiliates has announced [...]
For the first time ever, a West Virginia-based community bank plans to sell itself to a credit union. REV Federal Credit Union in Summerville, South Carolina, said it agreed to acquire the $149 million-asset First [...]
Two Georgia-based credit unions are the latest to consummate a merger. The $935 million-asset Peach State Federal Credit Union and the $88 million-asset Pinnacle Credit Union will merge effective Sept. 1. Members of the two [...]
Northwest Federal Credit Union has acquired the naming rights for the stadium used by the NFL’s Washington Commanders football team. The financial details were not disclosed, but CNBC reported that the deal runs through [...]
Navy Federal Credit Union is making a push into the Philadelphia area. The world’s largest credit union has opened three branches in the market with a fourth planned for next year, BucksCo Today reported, [...]
The current operating environment may be driving a growing number of credit unions to consider mergers. That may be especially true for institutions below $10 billion in assets, which don’t benefit from the economies [...]
SouthCoast Federal Credit Union in New Bedford, Massachusetts, will now open accounts for immigrants that do not have social security numbers. The $66 million-asset organization is collaborating with the Community Economic Development Center and offering [...]
Digital banking provider Tyfone today announced Diamond Credit Union (Diamond) has selected its nFinia® Digital Banking platform for commercial and retail account holders. Diamond selected the platform for its configurability and ability to meet the [...]
Digital banking provider Tyfone today announced that OUCU Financial Credit Union (OUCU Financial) in Athens, Ohio, is the first Cubus One Digital Banking customer converting to Tyfone’s nFinia® Digital Banking Solutions. Tyfone and Cubus [...]
Tyfone, a digital banking provider, today announced it has been named one of American Banker’s 2024 Best Places to Work in Financial Technology. Tyfone was recognized for its dynamic work environment and team of [...]
Tyfone, the preeminent force in digital transformation, account holder engagement and back-office efficiency for community financial institutions (CFIs), today announced its long-time customer, Pioneer Federal Credit Union (Pioneer, $746 million in assets and 50,000 [...]
Tyfone, the preeminent force in digital transformation, account holder engagement and back-office efficiency for community financial institutions (CFIs), today announced the appointment of Tom Shen, Santo Cannone and Laurent Desmangles to its Board of Directors. [...]
