Fairwinds Credit Union in Orlando is set to buy Friends Bank, the third time this year a Florida-based bank has agreed to sell to a credit union.

The Illinois company will pay $46 million for a bank that is a fraction of its size.

Fairwinds Credit Union's deal for Friends Bank marks the third time this year that a Florida bank has agreed to be sold to a credit union.

A new initiative aims to help small credit unions survive and thrive, but a plethora of trends are working against them.

Bridgeview Bancorp floated its name with 14 potential buyers, but it only attracted serious interest once it promised to divest a mortgage business that recorded a double-digit decline in fee income last year.

The Rhode Island bank is one of several regionals that have snapped up dealmaking boutiques in recent years to bolster noninterest income.

Navient Corp. shares surged after Canyon Capital Advisors said it could boost a $3.1 billion takeover offer that was rejected by the student-loan servicer.

The company has agreed to buy Preferred Bancshares in a deal set to close by mid-2019.

"You can't meet customers at the headquarters," CEO Kevin Cummings tells his senior executives.

HomeStreet Bank will attempt to sell its stand-alone mortgage business and portfolio of servicing rights, a move that comes amid growing pressure from an activist investor to exit home lending and concerns about declining demand and regulatory challenges.

Members of NBC (NY) Employees Federal Credit Union have approved the merger into the Bloomfield, N.J.-based XCEL.

Readers weigh the BB&T-SunTrust deal, consider how a new accounting standard could affect Fannie Mae and Freddie Mac, debate the impact of the government shutdown on credit histories and more.

Ant Financial, the Chinese payments company that operates Alipay, has a scale that’s almost unimaginable to a U.S. audience. But the giant's ability to build a true empire has already run into regulatory trouble in the U.S.—and it’s affecting Ant's strategy worldwide.

The time regulators take to decide on prospective deals has dropped sharply; a report says the cyberthieves were looking for info to help recruit spies.

The private equity acquisition of the fintech vendor Ellie Mae will give it some breathing room in a declining originations market because it will have a more patient and strategic investor than its myriad shareholders as a public company.

The biggest merger in years is reviving the idea that the industry is headed for a barbell-like shakeout, with very large banks on one end, community banks on the other and very few in between.

The Federal Deposit Insurance Corp., BB&T’s primary regulator, has a history of going easy on the bank. The combined entity would be better supervised by the central bank, which already oversees SunTrust.

Solomon says he expects 2020 presidential aspirants to target banks; corporate human resources’ predictable revenue attracting investment banks’ attention.

If MoneyGram couldn't be taken under the wings of Ant Financial, which operates China's Alipay wallet, it is doing the next best thing.

The mortgage loan origination system developer Ellie Mae is going private, agreeing to be acquired by the private equity firm Thoma Bravo in an all-cash transaction valued at $3.7 billion.