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Incenta Federal Credit Union in Englewood, Ohio, will merge into Pathways Financial in Columbus next week.

Two of three hires announced by the agency come from the Ohio bank, where the FDIC chairman formerly served as a top executive.

James Mears has served as COO of the Newport News, Va.-based institution for 15 years.

The deal between Performance Trust and Banks Street Partners is the second combination this month of investment banks that cater to commercial banks.

A new feature from the microinvesting app Stash allows users to accumulate free stock in the companies where they spend money.

The Tacoma, Wash.-based Sound touted the deal as the first time a credit union bought a bank in the state of Washington.

The watchdog’s report — requested by Sen. Elizabeth Warren, D-Mass., and Rep. Elijah Cummings, D-Md. — called for civil money penalty authority and better supervision to guard consumer data.

Citigroup Inc. is jumping into the battle over the $90 billion in swipe fees that merchants pay each year to process debit and credit cards.

Traditional loyalty programs provide customers with tangible benefits, such as a free item with purchase or a reward for return visits. But these are limited in reach, argues James Roedding, vice president of product and data Rewards Network.

Varo Money might become the first challenger bank to get a national bank charter. CEO and co-founder Colin Walsh explains why he wants Varo to become a bank.