Arise Community Credit Union aims to address systemic financial barriers in North Minneapolis and other neighborhoods in Hennepin and Ramsey counties.
Banking + Finance
Spire and Hiway will combine Jan. 1 to form a credit union with $4B in assets.
The Consumer Financial Protection Bureau says the Minneapolis-based bank failed to provide consumers access to unemployment benefits at the height of the pandemic.
She has played a significant role in the bank’s philanthropic efforts and has helped improve women’s representation on corporate boards.
If the deal is approved by Hiway’s members, it would create the fourth largest credit union in Minnesota.
The bank is moving the branch one block from Marquette Avenue to a new location at 60 South Sixth that’s nearly double in size.
The company's platform is designed to help companies better forecast growth and manage their resources accordingly.Â
Following the Union Bank acquisition, equity analysts take a close look at the large bank's core capital.
The African Development Center will identify qualified individual and business borrowers.
Darrel German expands financial services and devotes time to help marginalized communities.
United Financials Capital, a new commercial lending arm established by four of the largest credit unions in the state, played a key role in one of this year’s biggest real estate deals in the Twin Cities.
Bob, Bill, and Jim Pohlad will be honored for their commitments to alleviate poverty, bolster racial justice, and rejuvenate downtown Minneapolis.
The St. Paul-based credit union has reached a deal with an online lending platform to provide credit to small businesses nationwide.
The 82-year-old Minnesota company will combine with EisnerAmper, a larger business that can invest in its growth.
The Minneapolis-based fintech company was slated to merger with Australian rival Zip, but the deal is now off.
The St. Paul-based credit union says it is eliminating non-sufficient funds fees and lowering overdraft costs.
Bankers and business clients are being buffeted by a potent mix of financial challenges, but they’re finding ways to adapt to inflation, labor shortages, and supply chain issues.
In a shift from their strictly consumer-oriented roots, four of the state’s largest credit unions are jumping into the commercial lending space.