HONOLULU Hawaii Central FCU has merged into it TheoDavies FCU, a one-time $14-million credit union that served employees of food services company Theo Davies.
TheoDavies FCU reported a loss of $172,000 for 2012 and losses for each of the past four years, as its assets slid to just $9.4 million. Hawaii Central has $170 million in assets and 14,000 members. It serves the entire island of Oahu.
The Wall Street giant's say-on-pay resolution garnered 66% support, down from 86% last year. Other banks' pay packages are also facing opposition from proxy advisory firms.
Tacoma, Washington-based Columbia Banking System said it will buy Pacific Premier Bancorp, accelerating its growth in Southern California by about a decade. The deal is Columbia's second major acquisition in three years.
A federal judge in California blocked rules requiring disclosures for payments near the Mexico border; Stripe has added more products as it bolsters investments in Asia; and more in the weekly global roundup.
The bureau dropped the case against the subprime card lender with prejudice, following a number of similar actions taken under the Trump administration.
The acquisition brings Demyst's data orchestration tools to Feedzai's platform, a move aimed at reducing financial crime and improving compliance in banking.
BCB Bancorp in Bayonne, New Jersey, swung to an $8.3 million loss in the first quarter due to a troubled cannabis loan. The crowded weed marketplace in the New York area is leading to tighter margins.
