The tiny Flagship Bank has made an unusual bet in agreeing to pay 20 times current capital to buy BankMobile, but the same Durbin amendment that prompted Customers Bancorp to sell the unit also made Flagship the ideal buyer.

HCSB Financial received a second subpoena from the Troubled Asset Relief Program's special inspector general.

Wells Fargo community banking head Mary Mack is seeking three new deputies and shaking up regional leadership of the division she inherited after a bogus-account scandal.

Johnson Bank in Racine, Wis., has hired the head of JPMorgan Chase’s Wisconsin-Minnesota market as its president.

Credit unions across the country are donating time and money to improve the lives of consumers in the communities they serve.

The price Customers Bancorp is getting for its BankMobile unit would exceed the initial estimates of $100 million to $150 million.

Experts shared insight and strategies into collecting, analyzing and using big data at the Credit Union Analystics Summit.

Democratic senators are gearing up for a showdown with Republicans over a Consumer Financial Protection Bureau rule governing arbitration agreements in financial contracts.

Solarity CU is piloting a branch it calls an "engagement center' to address and align all the different ways members want to do business with it.

The Kennesaw, Ga.-based firm, which makes online installment loans to borrowers with blemished credit records, currently operates in 14 states.

The Innovative Lending Platform Association and the Coalition for Responsible Business Finance announced Monday that they are joining forces.

On Dec. 31, 2016. Dollars in thousands.

Bankers oppose legislation that would let local governments finance energy efficiency projects with liens ahead of the mortgage.

On Dec. 31, 2016. Dollars in thousands.

President Trump’s order on “core principles” for financial regulation is succinct and instructive, but interpreting it is difficult when comparing it to more informal statements from Trump and his aides.

Because he is blind, Chris Danielsen assumed he’d need a friend to help him deposit a check remotely. But he did it on his own using USAA's mobile app.

The Spanish bank said it will continue to be Atom’s main strategic investor and keep two seats on its board.

Customer outreach is far from the actual core function of bank marketers: producing bottom-line results.

The awards recognize editorial excellence in business media.

Art gallery openings, donations to community organizations and other ways CUs are giving back.