Lalita Clozel

Members Development Company, a credit union service organization, has added 10 new owners to its roster.

Western Union has disclosed plans to acquire OzForex Group Ltd., an Australian currency exchange and international money transfer company.

LegacyTexas Financial Group in Plano will issue $75 million in subordinated debt for potential acquisitions and other uses.

Extensia Financial, a member business lending CUSO based in Northridege, Calif., now counts California’s Firefighters First Credit Union among its minority owners, the firm announced Wednesday.

Entegra Financial in Franklin, N.C., has adopted a plan to preserve the value of about $12.2 million deferred tax assets.

Trustmark in Jackson, Miss., has named Granville Tate Jr. its top legal eagle.

With holiday season fast approaching, the National Credit Union Foundation is hosting a Twitter chat on giving.

Regions Financial in Birmingham, Ala., has hired FBI veteran John Boles to oversee its investigations of cybersecurity and international threats.

WSFS Financial in Wilmington, Del., has hired Kevin Thompson as chief financial officer. He succeeds Steve Fowl, who in the first quarter became CFO of Seacoast Banking in Stuart, Fla.

In the aftermath of the National Credit Union Administration's new complaint procedures, the regulator is expanding the use of its Consumer Assistance Center.

The American Bankers Association named Georgia community banker Daniel Blanton its new chairman and elected three additional officers during its annual convention.

PayPal has completed its purchase of Xoom in an $890 million stock deal, the San Jose-based online payment company announced Nov. 12.

NCUA released a video recording of its October Administration Board meeting on Tuesday.

Neel Kashkari, the former assistant Treasury secretary and Goldman Sachs executive who oversaw the Troubled Asset Relief Program, has been appointed to head the Federal Reserve Bank of Minneapolis.

The federal regulator has unveiled a video outlining the framework and implementation process of its recently finalized rule on risk-based capital for credit unions.

Boston Private Financial Holdings' president, Mark Thompson, has announced plans to retire at the end of the year.

Evans Bancorp in Hamburg, N.Y., said that its chief financial officer has left to pursue other interests.

WASHINGTON — The Consumer Financial Protection Bureau is not alone in having racial disparities in its performance reviews, according to a report issued Thursday by the Democrats on the House Financial Services Committee.

WASHINGTON — The House passed a massive $340 billion transportation bill on Thursday, striking two key provisions hated by the banking industry while adding several other measures that could affect financial institutions.

WASHINGTON — The House passed a massive $340 billion transportation bill on Thursday, striking two key provisions hated by the banking industry while adding several other measures that could affect financial institutions.