Corporate governance

The Chicago company said its decision was largely based on intense competition, very low margins and economic changes.

The 106-year-old bank is looking to raise $90 million, with plans to use half of the funds to redeem outstanding preferred stock.

The country's six largest lenders are approaching their strongest capital position since 2013, leaving them with enough resources to pursue acquisitions, buy back shares or build from within. That has the chiefs of Canada's big banks weighing options.

The credit union changed its name to reflect a wider field of membership.

Floodwood Area Credit Union and Northwoods Credit Union have completed a merger, with the resulting institution holding more than $110 million in assets and serving more than 10,000 members.

The credit union will be the naming rights sponsor for the team’s new rooftop apartment deck.

It’s still not business as usual, but the decision to unify its two brands — Popular Community Bank on the U.S. mainland, Banco Popular in the U.S. territories — under a single, simpler name is a welcome sign that Puerto Rico’s largest bank is moving forward after the devastation of Hurricane Maria.

While industry consolidation picked up in 2017, certain regions did better than others, with strong volume and improved pricing. Here’s a look at each region.

The St. Louis-based company partnered with 38 new credit unions last fiscal year.

Donations for life-saving research, branch expansion, activities for kids and other ways credit unions are giving back.

The Auburn Hills, Mich.-based credit union serves 200,000 members with more than $2.3 billion in assets.

This is the fourth consecutive year the Mass.-based credit union has returned a dividend to members.

KPMG has been the bank's auditor since 1931. Critics say it's time for a change.

The rebates are part of the league's "Member Engagement Rewards Program."

A "three-pronged" internship and management program at HUD Federal Credit Union is helping professionals across all stages of their careers, and the initiative has garnered notice from HUD Secretary Dr. Ben Carson.

UNCLE Credit Union is continuing its expansion into the Stockton, Calif., market via merger with Allied Trades CU.

From renewing efforts to promote solar energy to making donations to fight cancer and benefit Children's Miracle Network Hospitals and more, here's how credit unions are giving back to the communities they serve.

HSBC Chief Executive Officer John Flint and Chairman Mark Tucker are considering shrinking the bank's global imprint even further as part of a plan set to be revealed over coming months, according to people with knowledge of the discussions.

A generation that has never known a world without cell phones or the internet – in other words, those born in the year 2000 or later – is driving credit unions to redefine traditional approaches to banking, technology, communication and more.

A University of Iowa regent who questioned the credit union's relationship with the university is part-owner of a local bank.