The application deadline for the popular free program is Friday, April 26.

In a strategy that other CUs could follow, Concord Federal Credit Union is working with a local nonprofit to provide better access to financial products in central Brooklyn.

Readers respond to the debates over economic inequality and CEO pay disparities, weigh in on FDIC board membership, consider LendingClub exiting small-business lending and more.

Credit unions from the Northeast to the Mountain West and beyond have announced new rounds of hiring, promotions and appointments.

Bank of America investors on Wednesday voted against pressing the company to disclose more insightful data about disparities between men's and women's compensation. Shareholders at Wells and Bank of New York Mellon recently rejected similar measures.

Citigroup Chief Executive Officer Michael Corbat said the widening income gap in the U.S. ranks high on the list of things that keep him up at night.

JPMorgan Chase promoted 117 employees to managing director in its corporate and investment bank, with women representing a little more than a quarter of the total (a record percentage), a person briefed on the changes said.

The Raleigh, N.C.-based institution said it also has more than 500 employees.

Credit unions have elected new board members and named new branch managers while other employees were recognized for their dedication.

The bank is investing more in its digital capabilities, according to The Cincinnati Enquirer.

Credit unions are helping students pay for college with scholarships in addition to getting involved in their communities in other ways.

Banks say easing rules on people with some criminal records will diversify the applicant pool; deal with Synchrony may be near.

At a recent House hearing with large-bank CEOs, lawmakers’ focus on the compensation gap between the C-suite and lower-level employees echoed a broader discussion about pay inequity.

The current compensation rule, which was last updated more than two decades ago, is confusing, industry experts said.

The cold, hard truth of bank mergers is that rivals often steal top producers and convince customers the bigger bank won’t care about them anymore. The CEOs of the merging banks explain their retention efforts.

Daniel J. Machon Jr., who was previously the CEO of Stonebridge Bank, has taken the helm at the West Chester, Pa.-based institution.

Tax refund payment fraud has become far more sophisticated with attacks targeting tax professionals, human resource departments and even payroll offices, writes Deb Geister, financial crimes strategist and subject matter expert for NICE Actimize.

Douglas Ankrom, who is currently chief financial officer at the Belpre, Ohio-based institution, will take over for Michael Iaderosa, who will retire later this year.

Executives at the Tennessee banks are using the biggest bank merger in a decade to aggressively recruit lenders and clients in Southeastern markets.

A mortgage advisor, a chief legal counsel and a vice president of member experience were just some of the appointments credit unions have recently made.