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The figure comes from the Minnesota-based credit union's annual Member Value Report.

House Speaker Paul Ryan's decision not to seek re-election is another sign of the difficulties Republicans will likely face holding the chamber in November, heightening pressure to move a pending regulatory relief bill as soon as possible.

Processing firm Galileo has built an API to bridge the gap between cryptocurrencies and mainstream payments, an area where a handful of other providers are experimenting. Large banks and card networks continue to keep their distance.

Critics argue that Community Reinvestment Act standards need to be more transparent, but creating more objective measures would require regulators to favor some types of loans over others.

After FinCEN issued its final BSA rule, the NCUA plans to address requirements about ongoing customer due diligence.

The rapid adoption of voice assistants only adds to the notion they could one day be disruptors in commerce, payments and financial services.

Floodwood Area Credit Union and Northwoods Credit Union have completed a merger, with the resulting institution holding more than $110 million in assets and serving more than 10,000 members.

A Cambridge professor has found how an 1816 legal ruling can be used to trace stolen bitcoins, thus potentially making it easier for governments to legislate bitcoin exchanges.

One of the most outspoken proponents of Bitcoin Cash, the digital token that spun off from Bitcoin in August amid a heated debate in the digital-money community, still holds some of the original cryptocurrency because, well, everyone knows it’s smart to diversify.

The Cleveland bank's CIO, Amy Brady, said it had to start replacing legacy systems now to position itself as a leader in the future.