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Nearly a third of the company's revenue will come from noninterest income after it buys SCB, which owns a large insurance and farmland management business.
June 12
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Ben Holzman helped build Bain Capital Ventures' enterprise software practice.
June 12
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A bill moving through the California Legislature seeks to tame the largely unregulated world of online small-business lending. If passed, it would be the first of its kind nationally, but so far it has failed to satisfy either the industry or its critics.
June 12
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An affiliate of MatlinPatterson will reduce its ownership to 48% from more than 60% after selling 8 million shares.
June 12
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With the question of a federal charter still looming, Treasury's last report on changes to the financial regulatory system will focus on nonbanks and new tech startups.
June 12
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Credit unions announce board election results, strategic appointments, new hires and more.
June 12
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Banks and startups compete for the same clients, as customers want one source for online checking and investment accounts.
June 12
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The Virginia-based CU cited the need for greater automation to continue its growth.
June 12
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Wong was placed on administrative leave in February and arrested in May in connection with alleged embezzlement and fraud at the credi tunion.
June 12
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The internet-only bank plans to offer businesses a way to quickly open accounts online.
June 12
