Finance

The Alexandria, Va.-based credit union's growth was partly driven by strong earnings through the first three quarters of 2019.

Facebook’s Libra cryptocurrency project has drawn vast political pushback, but also more tangible government action as nations globally consider central bank supported digital currencies. It’s also sparking a potential bottom-up approach in New York.

The company, which has agreed to buy Marquis Bancorp, could use some of the proceeds to fund growth and pay off a line of credit.

Net interest margin pressure, modest loan growth and limited operating leverage could weigh on bank stocks in 2020, UBS analysts said.

Premier Federal and Educators Credit Union together returned more than $3.7 million to members on the strength of their 2019 performance.

The term “Amazon effect” is a term increasingly used to represent a digital-first business model where interactions with partners and customers centers on web-based application programming interfaces.

Organizers of TYME Bank aim to take advantage of consolidation taking place around Texas.

While his focus is on organic growth in Texas and California, Curt Farmer says he would consider a deal in those states if the right one comes along.

Whitefish FCU in Montana and Hanscom FCU in Massachusetts have both returned money to members on the strength of those institutions' 2019 performance.

The Maine-based credit union saw several successes this year despite a slip in net income.

Still trying to figure out whether to build gateways to your bank's data and systems? Here’s why you should transition.

Organizers of Bank of St. George still need to raise $18 million before opening.

The Wisconsin-based institution's $4 million return is double what it paid out just five years ago.

Regulators' oversight of the industry's switch to a new interest rate benchmark is expected to intensify as a key deadline approaches.

Low rates and spotty loan demand mean banks are having to “dig deeper” to improve efficiency and maintain profit margins.

Paul Murphy took full responsibility for a recent spike in charge-offs at the Houston company. His challenge in 2020 is keeping credit issues in check.

A roundup of some of this year's patronage dividends and how credit unions are passing their success back on to members.

The shift away from LIBOR won't take place until at least 2021, but there are steps credit unions can take to prepare now.

PE firms have made investments in only seven banks in 2019, compared with 21 last year. Here's what's driving the slowdown.

The two agencies have delayed the deadline for the public to respond to a request for information on the rating system used to score banks' overall health.