Colin Wilhelm

Costco has picked Visa as its new payment card network and Citigroup as the new issuer of its cobranded credit cards.

Costco has picked Visa as its new payment card network and Citigroup as the new issuer of its cobranded credit cards.

CVB Financial in Ontario, Calif., will take a small hit in the first quarter after repaying a Federal Home Loan Bank advance.

Plumas Bank in Quincy, Calif., is looking to convert its loan-production office in Reno, Nev., into a full-service branch.

Prosper Marketplace, an online lender for consumer loans, has found a new source of referrals: community banks.

BB&T has received subpoenas from the Justice Department tied to a probe of the Winston-Salem, N.C., company's FHA lending.

Getting employees used to using fingerprint scanners was the biggest challenge to Clear Lake Bank's biometrics project.

Deutsche Bank's U.S. division has hired JPMorgan Chase executive Jeff Urwin to head its corporate finance activities and co-head its corporate banking and securities business.

Lending Club lost $9 million in the fourth quarter, hurt by expenses tied to its highly publicized initial public offering and by other costs.

U.S. Century Bank inDoral, Fla., has received regulatory approval for its plan to raise $65 million in capital, according to a news report.

IBM will assist Citi's Mobile Challenge competition, the two announced Tuesday.

Bluefin Payment Systems, a technology vendor based in Georgia, will provide mobile point-to-point encryption technology to Infinite Peripherals, a point of sale system provider.

Visa Europe will introduce tokenization part of a new mobile payment service it plans to launch in April.

OnDeck Capital, the online lender whose initial public offering raised eyebrows in December, posted a net loss of $4.3 million for the fourth quarter in its first report as a public company.

Taiwan Cooperative Bank has been cleared by the Federal Reserve Board to open a branch in New York.

The chief financial officer of WSFS Financial in Wilmington, Del., is leaving the bank holding company for Seacoast Banking in Stuart, Fla.

Anthony DeChellis, the former head of Credit Suisse's Private Banking Americas division, has been named president of Jerusalem-based crowdfunding startup OurCrowd.

Auction.com, an online real estate marketplace, has named Gordon Smith its general manager of commercial real estate.

Union Bankshares in Richmond, Va., and Entegra Financial in Franklin, N.C., are rebranding their banks.

Social Finance, an alternative lender that has made its name in student loans, has branched out into unsecured personal loans.