Gesa Credit Union in Washington agreed to acquire a 103-year-old community bank in Centralia, as it eyes opportunities for additional growth in the Pacific Northwest. In the District of Columbia, a bank group is calling for exit fees on banks selling to tax-exempt credit unions.
Home Loan bank reforms could raise bank funding costs — if they happen americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
The ICBA this week argued that the FHFA should not permit nonbank lenders and real estate investment trusts to become members of the $1 trillion FHLB system.