Statement by FDIC Chairman Martin J. Gruenberg

PRESS RELEASE | MAY 20, 2024 Statement by FDIC Chairman Martin J. Gruenberg Federal Deposit Insurance Corporation (FDIC) Chairman Martin J. Gruenberg today issued the following statement: It has been my honor to serve at the FDIC as Chairman, Vice Chairman, and Director since August of 2005. Throughout that time I have faithfully carried out […]

Arizona credit union buying bank to expand in Phoenix

Pima Federal Credit Union in Tucson plans to buy Republic Bank of Arizona in a cash transaction slated to close in the second half of this year. It’s the ninth deal in 2024 in which a whole bank would sell itself to a credit union.