MoneyLion and Varo say familiarity with existing customers — whom they already offer savings, investment and personal finance products — will help them make smart credit decisions.

The company will pay $29 million for Cornerstone Financial Services.

Hispanics will make up more than half of new homeowners by 2030, and credit unions need to actively market to this demographic, according to a panel discussion at Inclusiv's annual conference.

The Tennessee company will gain access to the Bowling Green, Ky., market as part of the $52 million deal.

Fintechs that simply offer cosmetic upgrades to the cumbersome American banking system won't survive.

A new registry aims to make it easier for credit unions to set up voice banking capabilities, but it remains to be see if consumer demand is there for this service.

Regulators have redefined a simplified capital measure for community banks following criticism that their 2018 proposal did not go far enough.

The popular program could go idle next month for the second time in less than a year if lawmakers are unable to approve a $99 million credit subsidy.

First Commerce Credit Union's agreement to buy Citizens Bank brings to 14 the number of deals this year in which a credit union is buying a bank.

A proposal to define wages-on-demand would protect consumers and serve as an example for others.

The company will offer deposit-related services to firms with permits for hemp and CBD.

Private Bancorp of America is the latest bank to report a borrower issue in connection with a high-profile fraud case tied to liquor licenses.

The Spokane-based CU had planned a co-location strategy with a local coffee company. While that deal fell through, the credit union is still looking for another coffee vendor to partner with.

Fifth Third Bancorp becomes the largest bank to switch from state to OCC regulation; former Deutsche CEO named chairman of Man Group.

The association filed a comment letter urging FASB to delay CECL implementation for all banks, while asking a key accounting group to support its effort.

The company agreed to buy Tennessee Community Bank Holdings, which has operations just west of Nashville.

Regulators are letting banks choose from among four security frameworks, but some observers are urging a more prescriptive approach.

A seller's assets and deposits lose some luster if the best and brightest who helped bring in the business leave after a deal closes.

On Jun. 30, 2019. Dollars in thousands.

On Jun. 30, 2019. Dollars in thousands.