PALO ALTO, Calif.-Addison Avenue FCU said it is piloting a new platform for Wesabe's Springboard Community Application that allows the credit union's 150,000 members to help each other with personal financial insights in a robust online community.
The platform allows members of the $2.4 billion credit union to share advice and engage in discussions on a wide variety of topics from paying off credit card debt to budgeting for a wedding to inheritance tax questions.
The Cleveland company's merger-and-acquisition pipeline is bursting with deals, said CEO Chris Gorman, but geopolitical concerns are causing some clients to "slow-play" their transactions.
Community Bankshares in Lagrange ran afoul of regulators after announcing a major expansion of its government-guaranteed lending operation in 2025.
The Federal Savings Bank in Chicago got hit with a federal consent order after the Office of the Comptroller of the Currency found that the bank blasted veterans with millions of deceptive ads.
While last year was the best for origination income since 2022, annual net servicing revenue for mortgage bankers was approximately 70% below 2024's level.
The stablecoin provider recently applied for a national trust bank charter from the OCC after acquiring a New York trust charter last year.
The credit card lender, which is scheduled to report first-quarter earnings April 23, followed its release of an agentic commerce kit by agreeing to acquire Hypercard, a Sam Altman-backed company that uses AI to support expense management.
