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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.

New president suggests less regulation and meets with bank leaders; state and city check for illegal lending activity.

The information you need to start your day, from PaymentsSource and around the Web. Today: WeChat Pay grows in Europe; Facebook sets up fintech in Switzerland; Russians dump cash; ABN Amro halts cryptowallet project.

Only 4% of consumers changed banks last year, according to J.D. Power. Behavioral psychologist Wei Ke explains why consumers are so reluctant to move their accounts and what other banks can do to convince them to switch.