Jacob Passy

USAmeriBancorp in Clearwater, Fla., has completed a private placement to institutional investors of $45 million in subordinated notes.

The National Credit Union Administration is encouraging credit unions to take advantage of the agency’s financial literacy resources as it participates in Financial Literacy Month.

Bank of America's electronic payments processing arm has created a European unit based in London.

The Supreme Court said Monday it would not hear an appeal from Wells Fargo to overturn a $203 million verdict against the bank regarding overdraft fees.

GE Wants to Drop SIFI Label; Bitcoin Founder Reveal?

MetLife Wins SIFI Case; Fintech Means Job Cuts

BofA Won’t Say 'Brexit'; HSBC Dinged for AML Lapses

A former staff attorney with New York's city government has been named the top lawyer for the New York State Department of Financial Services.

Opus Bank in Irvine, Calif., has hired Jeffrey Zaks, a CIT Group banker, to lead its new media and entertainment lending group.

EBay has become a member of the Fast Identity Online (FIDO) Alliance, making it the first e-commerce company to achieve FIDO certification.

Google plans to end support for the physical Google Wallet Card, according to information included in the code of its latest Google Wallet app update.

Deutsche's IT Overhaul; Lenders Push Parent Loans

Bay Banks of Virginia in Kilmarnock has increased the size of its fourth-quarter loss, after a commercial borrower pleaded guilty to creating false financial statements.

Troubled Clarkston Brandon Community CU, Clarkston, Mich., has been merged with Michigan State University Federal Credit Union, East Lansing, Mich.

Railroad & Industrial Federal Credit Union in Tampa said it has exceeded $300 million in assets. The credit union previously crossed the $150 million-asset mark in 2005.

Mid Penn Bancorp in Millersburg, Pa., has hired Michael Peduzzi as chief financial officer.

Banks Target Home Equity; Bitcoin Rival Emerges

Sterling Bancorp in Montebello, N.Y., plans to raise $105 million in a debt sale to fuel potential acquisitions of commercial lenders.

Jefferson Security Bank in Shepherdstown, W.Va., has promoted Cynthia Kitner from chief financial officer to chief executive.

Cash may still be king when it comes to small purchases, but debit cards are threatening to end its reign, according to survey results announced Wednesday by CreditCards.com.