A new survey finds that more than half of respondents planned to do most of their gift shopping through a smartphone.

The company hired two bankers from CIBC to lead the newly formed group.

The company claims that its biggest investors is taking steps to seize control, oust the board and find a buyer.

Banks need to manage margins more actively — including the use of new modeling technology — in the current low-interest-rate environment.

Collins Community Credit Union has agreed to buy First Savanna Savings Bank.

As part of this year's Best Practices Awards, CU Journal looks at a trio of institutions that have found creative and effective ways to bring in new funding.

George Cook could have joined Somerset Trust, where his father is CEO. Instead, he founded Honeycomb Credit, a crowdfunding platform that competes with banks.

The company also disposed of a large agricultural loan that was nonperforming.

In September, loan balances grew at a slower pace than a year earlier, according to the latest trends report from CUNA Mutual.

The payments company has loaned $5.5 billion to 275,000 small businesses, thanks to a data-driven process free from human interaction.