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Land of Lincoln Credit Union in Decatur has agreed to acquire Colchester State Bank in Colchester.

Swift adds a top exec from Mastercard, Visa expands mobile pay in Oman, Turkey tests a CBDC; and other global financial services news.

But it's not that green financing is finally winning out over fossil-fuel lending. Rather, Big Oil looks to be getting more money from elsewhere.

Rules being considered by the Financial Crimes Enforcement Network would needlessly hinder banks seeking to do due diligence on their customers.

John Siegman is the co-founder of HazardHub, a property risk data company that was acquired by Guidewire in mid-2021. He is now a senior executive at Guidewire helping to lead the direction of the HazardHub solution and guiding P&C insurance clients in innovating their data integration into critical processes.

Many in Utqiagvik, Alaska, say they like banking with the country's fourth-largest bank. But they also want more banking options in their town, a reality that rural communities across the United States face.

The Mississippi bank would take a big hit to capital and income but avoid the risk of a bigger payout from a guilty verdict in litigation against banks that did business with Allen Stanford's disgraced financial empire.

Roxane Bowering succeeded Andrea Thune as the next president and chief executive of the New York credit union.

Charles Vice, former commissioner of the Kentucky Public Protection Cabinet's Department of Financial Institutions, will advise the National Credit Union Administration's board on policy and tech-related initiatives.

The 118th Congress began today by failing to select a speaker of the House on the first ballot. That doesn't bode well for anything, but especially the federal debt ceiling.