The North Carolina bank deployed Finxact's new technology, which runs on Amazon Web Services, to make Paycheck Protection Program loans and will use it next to offer business savings accounts and CDs.

Lenders should be subjected to tough reviews of their readiness for economic threats posed by severe weather, required to disclose risks lurking in their portfolios and perhaps forced to set aside extra capital, a government study recently recommended.

The company will shutter a fifth of its locations, while reinvesting some of the savings in its digital banking platform.

A collaboration between the two industries to help voters cast absentee ballots has been approved to continue through the general election.

The competition has leading-edge technology, but consumers may be looking for more than just bells and whistles when choosing where to do their banking.

The San Diego bank first considered finding a buyer two years ago and had offers in early 2019. The price of the deal it finally reached in the throes of the pandemic was much lower than some earlier offers.

Small and midsize banks would pay for access to the Monit app and offer it to small-business clients as an add-on service.

Second-quarter figures from the credit union regulator paint a grim picture for many states across a variety of key earnings metrics.

More than 160 institutions will use the money to help members weather the coronavirus by offering new products and providing help with loan payments.

Congress should pass legislation that would allow Home Loan banks to backstop deposits by local governments at commercial banks and lower the cost of bond financing, two mayors argue.