Finance

This will be the 10th consecutive special patronage dividend that the Ohio institution has paid out to members.

Members received payouts ranging from $10 to $250 per activity based on how they transact with the Colorado Springs-based institution.

Schwark Satyavolu, original co-founder of Yodlee and current venture capitalist at Trinity Ventures, shares his opinion on how consumer data sharing is evolving.

The agency's semiannual report on risks in the industry focused heavily on the high volume of commercial loans as well as banks' exposure to nonfinancial corporate debt, which is near a record share of GDP.

The credit union also reported increases in loans and membership.

The Mt. Pleasant, Wis.-based credit union has returned more than $7 million to members in the last three years.

Banks are facing the potential of disruption by digital assistants from Apple, Amazon and Google — and are pouring money into machine learning to provide their own option for automating consumers' financial lives.

The federal regulator cited recent “cost savings” and promising projections for costs and revenue next year in announcing the reduction in assessments.

Its bid for El Dorado Savings wasn’t the highest, but PacWest's image as a skilled dealmaker added value to its offer in the seller’s eyes.

The Utah-based CU is issuing a nearly $2 million rebate for 2018 and has returned $13 million to members over last 15 years.