Banker's Toolbox Announces — ACQUISITION OF LOAN LOSS RESERVE POWERHOUSE, MAINSTREET TECHNOLOGIES
Banker's Toolbox, Inc., leaders in compliance solutions for financial institutions, announced the acquisition of Georgia-based MainStreet Technologies (MST). MST is an industry leader in the loan risk management space. This acquisition adds to a strong and growing portfolio of compliance-related solutions and will continue to enhance the value Banker's Toolbox brings to both their customers and the industry. (Read full press release here.)
Oklahoma tribe receives CU charter
Yesterday, NCUA Chairman Rodney E. Hood presented a federal credit union charter to the Otoe-Missouria Federal Credit Union in Red Rock, Oklahoma. As the first federal credit union chartered in 2019, the Otoe-Missouria Federal Credit Union will serve the approximately 4,200 members and employees of the Otoe-Missouria Tribe as well as 17 tribal-owned businesses.