Hometown Financial will merge Abington Bank into Pilgrim Bank. The combined bank will be run by Andrew Raczka, Abington's CEO.

Chime, a financial technology startup that offers online banking services, is close to raising $300 million at a $1.5 billion valuation, according to two people familiar with the matter.

The company will gain four branches in Athens, Ga., with the $52 million acquisition.

Loans for recreational vehicles may yield higher returns than traditional auto loans, but the opportunity could fade if the economy heads into a recession.

Volume was steady, but deal values would've been the lowest in years if not for one big, and very intriguing, transaction.

Shareholders in Subchapter S corporations will get some tax relief of their own under a new Treasury Department rule that will let them take a 20% deduction on qualified business income, which includes loan originations and sales.

Superior is the latest credit union to announce an acquisition involving a bank.

The company said the move reflects intense competition and a "significant decline" in origination volume.

Bank of Princeton will also buy $190 million in deposits as part of the deal.

Superior is the latest credit union to announce an acquisition involving a bank.

Bankers weigh their options in mortgage and CRE lending as implementation of a new accounting standard nears.

BBVA Compass in Birmingham, Ala., reported 6% increases in loans and revenue, as strength in consumer loans and credit cards offset weakness in fee income.

Community banks generally make digital a consumer play, but TransPecos Bank, with its BankMD brand, is focusing on doctor practices, which tend to weather economic downturns well.

Among the lessons David Hijirida learned at the online giant: Companies are often so focused on competitors that they neglect their own customers.

The Virginia company, which recently bought Access National, will become Atlantic Union Bank later this year.

Lenders are glad the agency worked swiftly through a backlog of paperwork, but they're worried funds will get cut off if the government closes again.

Criminals are going to get smarter, but banks can implement a modern authentication solution to meet unique use cases and security requirements without sacrificing user convenience, writes Mike Byrnes, senior product manager at Entrust Datacard.

Thanks to big tech companies, the business world is moving to third-party platforms, or online marketplaces where buyers pull sellers' products off digital shelves. A growing number of financial institutions — including BBVA, Citi and community banks like Eastern — say they can't afford to sit out the trend.

The regional bank is roughly a third of the way to the 260 workers needed to staff the 25 branches it plans to open there over two years.

Although the credit union industry managed to add more loans and members, lending is expected to grow at just 8 percent this year, according to a recent report.