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The Phoenix company did not say why James Haught, who was also chief operating officer, left.

The FDIC sold the operations of City National Bank of New Jersey, a minority depository institution, to Industrial Bank in Washington, D.C., in the year's fourth bank closing.

CIT Group has agreed to lend and invest the money mostly in California as well as in the eight states where Mutual of Omaha Bank has branches.

The complexity of converting fuel pumps' hardware and software to accept EMV chip cards was such that the card brands gave pump manufacturers and gas stations an extra five years to comply. Now one year is left — and those complexities haven't diminished.

The Boston bank’s online money market account won’t start until later next year, and many rivals have already beaten it to the punch. But the window for new entrants is still open provided they do certain things right, experts say.

Three low-income credit unions who are minority depository institutions will be mentored by three larger institutions through the program.

A group of 64 House lawmakers is pushing congressional leadership to incorporate premium caps and address a new methodology for assessing risk in flood insurance reform legislation.

New tech lets American Express instantly issue cards to immigrants; the end of Libor raises concerns about financial stability; regulators shutter banks in Kentucky and Ohio; and more from this week's most-read stories.

Panelists at the ABA's annual conference said that reviewing and updating procedures and marketing tactics can help bring in more accounts.

From multi-state philanthropic efforts to benefit the hungry to recognition by the state's chief executive, here's a look at how credit unions from all over are making a difference in the communities they serve.