ALEXANDRIA, Va.-NCUA has approved a charter for 1st Bergen FCU in Hackensack, N.J., which will serve almost one million residents of Bergen County, just outside of Manhattan.
The year's first new credit union was organized by the Bergen County Community Action Partnership, an anti-poverty agency. The credit union is scheduled to open in March.
There were only six new credit unions chartered last year, one of the fewest since the signing of the Federal Credit Union Act.
Federal Reserve Vice Chair for Supervision Michelle Bowman Friday highlighted a pair of new provisions to the final stress test framework that arose from public commentary submitted to the agency last year.
In a series of webinars and journal articles, two lawyers and a financial planner are leading a collaborative discussion about how estate planning professionals can better serve African American clients and, in turn, all customers.
1st Summit Bank in Johnstown, Pennsylvania, is offering high school graduates not just free training, but a seven-year employment guarantee. It's an approach that some experts think could catch on.
FinCEN and four banking agencies cleared mobile driver's licenses for customer identification. The question is, can banks read them?
Volume on a rail for AI agents to make transactions has fallen 93% in 2026 while related startups flood the market, suggesting technology is developing faster than demand. But payment experts say there's still a very bright future for shopping and checkout via advanced forms of AI.
Bankers are largely downplaying the impact of the Federal Reserve's interest rate increase. Some said this week that the quarter-point hike could be good for near-term profitability.
