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Archive for category: Credit Unions

Handshake in front of business people

$1.1 billion IBM Southeast Employees’ Credit Union to Acquire $350 million The Oculina Bank

Another small bank has been absorbed by a massive credit union. From Bank Street Partners: DELRAY BEACH, FL (July 26, 2018) — The $1.1 billion IBM Southeast Employees’ Credit Union  (IB...

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CONGRESS

Klein – A Compelling Argument for Congress to Reevaluate Credit Union Membership

From Aaron D. Klein of American Banker: The vast majority of credit unions in America happily serve their important mission of providing financial services to well-defined communities. A small handful...

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closeup of a legal gavel on US cash

Non-Profit NH CU Sued by Members for Charging Fake Overdraft Fees…to Boost Profits

A federal judge has agreed to let a class action suit against Portsmouth, N.H.-based Northeast Credit Union proceed after granting some of the defendant’s motions to dismiss the case but denying other...

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