Jacob Passy

District Government Employees Federal Credit Union in Washington, D.C., and Whitefish Credit Union in Montana have begun collaboration with COMPASS 4 CUs on regulatory compliance support.

David Foss is set to become chief executive of Jack Henry & Associates in July. He will remain president of the technology and payment processing services provider.

Thanks to Spiral Toys, now even your children's piggy bank has gone mobile.

Lenders Spurn FICO; Sanders Botches Glass-Steagall Defense

CorePlus Federal Credit Union in Norwich, Ct., has rolled out new branding as it starts a major renovation of its company headquarters.

China Weighs on Banks; Bowie Bonds Remembered

Live Oak Bancshares in Wilmington, N.C., one of the largest 7(a) program lenders in the U.S. last year, has promoted Greg Thompson to chief operating officer.

NXT-ID and vacation and entertainment club memberships retailer WorldVentures have formed a strategic alliance.

MainSource Financial Group in Greensburg, Ind., has named Karen Woods as chief risk officer and corporate counsel.

Technology and applications platform Envestnet | Yodlee has partnered with white-label app provider Magpie on a full-service platform.

Ingo Money in Atlanta, Ga., has added former MasterCard president and chief executive H. Eugene Lockhart to its board of directors.

Hanscom Federal Credit Union has acquired W.H. Nichols Employees Federal Credit Union as of Jan. 1.

Community Shores Bank Corp. in Muskegon, Mich., has raised about $5.3 million and has been released from an enforcement action.

Payment security services provider EchoSat has purchased SmartLink, a division of Heartland Payment Systems.

KeyCorp in Cleveland will retain two First Niagara Financial Group executives after its acquisition of the Buffalo, N.Y., company closes.

TruStone Financial Federal Credit Union in Plymouth, Minn., has merged with Wisconsin-based Southshore Credit Union of Cudahy and First Credit Union of Oak Creek.

AmeriServ Financial in Johnstown, Pa., and Provident Bancorp in Amesbury, Mass., are the latest community banks to announce plans to exit the Small Business Lending Fund.

Bitcoin Direct has a heavyweight behind its latest digital wallet – literally.

East West Bancorp in Pasadena, Calif., paid $118.4 million to terminate single-family and commercial shared-loss agreements with the Federal Deposit Insurance Corp., tied to an acquisition of a failed bank.

Colony Bankcorp in Fitzgerald, Ga., has redeemed about a quarter of its shares in the Troubled Asset Relief Program.