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Lawmakers like Sen. Tim Scott may feel differently about some elements in a Senate regulatory relief bill depending on whether CFPB Director Cordray is remaining in office until his term expires in July.

Employees speak more than 10 languages, which is crucial to serving the local immigrant population.

Leadership challenges, emergency relief donations, scholarship awards and other ways credit unions are giving back.

Menusifu receives a $3 million round to boost a system that integrates with Alipay and WeChat Pay, enabling Chinese travelers to make direct payments with renminbi from Chinese bank accounts and digital wallets.

The online bank will consolidate all of its Charlotte-area employees into a new office tower, but its headquarters will remain in Detroit.

Credit unions have received a total of nealry $291 million since the CDFI Fund was created.

The agency and the National Association of Federally-Insured Credit Unions plan to boost efforts to get more credit unions involved with SBA lending.

With the integration to Payveris’ platform complete, FedComp will turn to enhanced digital payments for its credit union clients.

The Massachusetts company hired banking veteran Mark Thompson, who recently scrapped an effort to buy a struggling bank in Boston, as its bank president.

Some proponents of repealing crisis-era regulatory reforms argue that higher capital levels offer better protection. More capital is good, but it alone won’t solve every problem.