Growth strategies

The surge in online and mobile use is a high-profile test for the industry — and could foreshadow a permanent consumer shift.

Lenders are concerned that the coronavirus outbreak will increase vacancies and add to credit risk.

Nebraska bankers sued after MembersOwn Credit Union successfully added eight counties to its field of membership last year.

The transaction, which involves the sale of three branches, is expected to close in June and is pending regulatory.

From scams to watch out for to the role banks play in an SBA virus loan program, news about the pandemic's impact was everywhere. Also: As State Farm bows out, U.S. Bank seizes an expansion opportunity; CFPB sues Fifth Third for allegedly opening phony accounts; and more from this week's most-read stories.

The Biloxi, Miss.-based institution has been adding branches and entering markets and now has absorbed Mississippi Farm Bureau Employees Credit Union.

The agency will be tasked with providing $50 billion in loans to small businesses harmed by the pandemic. It is unclear whether the SBA will need help from banks and CUs.

The company will enter an affluent New Jersey county and a key New York market with the $209 million deal.

The North Carolina company will hold onto the loans after the Fed's decision to slash interest rates.

The Georgia company will expand into central and southern Florida by buying the parent of Seaside National Bank & Trust.