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Development comes amid intense scrutiny of credit unions’ M&A activity involving banks
Relocations to help capitalize and expand the market reach in promising regions
As the market has taken a beating once again this week, there are already signs that it will impact the consumer
The bank has also made several changes to its leadership team to support the transformation
The organization seeks to guarantee the “legally enshrined right” to adequate customer service
The transaction supports CrossFirst’s objective to enter into new markets
F&M will buy Peoples Federal Savings and Loan Association
Market conditions are weakening despite consumer and business markets appearing solid, according to an ABA survey
Plus: Executive appointments at Mission National Bank, Pinnacle Bank, and Heritage Southeast Bank
Banking associations say there is “simply no justification” for credit union powers proposed for addition to financial inclusion legislation
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