Jacob Passy

NAFCU has promoted Carrie Hunt to executive vice president of government affairs and general counsel.

Possible Bitcoin Founder; Loan to San Bernardino Shooter

Small-business owners' optimism about the economy is dwindling, which casts a dark cloud over banks' lending efforts, according to a new survey conducted by Wells Fargo and Gallup.

Small business owners' optimism about the economy is dwindling, which casts a dark cloud over credit unions’ and banks’ competing lending efforts, according to a new survey conducted by Wells Fargo and Gallup.

Elevations Credit Union in Boulder, Colo., has launched a new website, featuring a responsive desi

FitPay's alternative approach to wearable payments has gotten a boost from Comerica Bank and RocketSpace, which have chosen FitPay as the winner of the Wearable FinTech Startup Challenge.

The $3.2 billion-asset mutual thrift will close offices in Howland, Farmington, Hartland and East Millinocket, Maine. The proposed closings require regulatory approval.

Hiway Federal Credit Union in S.t Paul, Minn., has renewed its partnership with the National Hockey League’s Minnesota Wild to be the team’s credit union sponsor.

Jobs Data Set Up Rate Hike; ECB's QE Hits Markets

Athens Bancshares in Tennessee has decided to delist its stock from Nasdaq and deregister with the Securities and Exchange Commission.

Flagstar Bancorp in Troy, Mich., has picked Andrew Ottaway for the newly created position of managing director of lending.

Huntington Bancshares in Columbus, Ohio, has brought on industry veteran Tom Wirth to fill the newly created position of auto finance product and strategy director.

Digital money transfer provider Xoom has launched a service for sending funds to Bangladesh.

Great Lakes Credit Union in Bannockburn, Ill., and Phone-Co Credit Union have merged.

ECB Cuts Deposit Rate; Yellen Hints of Hike

Northern Trust in Chicago has agreed to acquire Aviate Global, an institutional equity brokerage firm in the U.K.

Synovus Financial in Columbus, Ga., plans to issue $250 million in subordinated notes to fund potential acquisitions or refinance other debt.

PenFed Credit Union in Alexandria, Va., announced two mergers Wednesday, one with NAVFAC Federal Credit Union in Honolulu, Hawaii, and one with AAFES FCU in Dallas.

Small Banks Win with Highway Bill; JPM Enters Online Lending

Peoples Bancorp in Marietta, Ohio, plans to increase reserves by $6.6 million to cover four commercial loans that it's moved to impaired status.