The Latest

Fears are growing that the rapid rise in fee-charging ATMs could have catastrophic consequences for the U.K.’s fragile SME market, with major supermarkets and card networks predicted to be the biggest beneficiaries.

Credit union executives reported seeing an uptick in car loans as the weather improved but some predicted lending would be down this year.

The private sector will be able to provide more efficient and innovative technologies for the industry.

More than 5,500 credit unions will receive a dividend this week, the second time in two years the agency has returned funds to the institutions it regulates.

BB&T’s chief executive has not prioritized meeting with local leaders and consumer advocates to discuss its merger plans, missing a valuable opportunity to create a new kind of large bank.

The company agreed to buy Charter Bank, which has four branches and $161 million in assets.

A look at some of the latest credit union hires, promotions, retirements and more.

Raisin GmbH has hired Wealthfront’s Paul Knodel to expand its internet platform for bank-savings products to the U.S. If all goes to plan, the operation will go live within 12 months.

Credit unions on the Corda blockchain platform will be able to make payments via EFT with CU Pay, a product the CUSO plans to roll out next year.

First Internet will gain lenders and servicing staff, along with offices in Chicago and Indianapolis, from the deal.