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The credit union regulator had amassed the loans following the liquidation of several New York-area credit unions with high concentrations of taxi medallion loans.
February 19 -
The company will nearly double the amount of marine loans on its books after buying a division from People's United.
February 19 -
Investors are reacting skeptically to the auto lender's deal to acquire CardWorks for $2.65 billion.
February 19 -
The challenge for other fintechs will be to find banks that are as compatible as Radius Bank, an online-only lender, is for LendingClub.
February 19 -
Phenix Pride FCU in Alabama is one of several institutions Inclusiv and the African-American Credit Union Coalition are celebrating during Black History Month.
February 19Inclusiv -
The Western Michigan city has been a hotbed of credit union activity given its low unemployment rate.
February 19 -
The move comes as the fintech tries to shake off criticism that its main products are payday loans by another name.
February 19 -
Global fintech Ebanx is partnering with Uber to enable consumers in Brazil to pay for the ride-sharing service by topping up their Uber Cash balance with the country's voucher-based payment system.
February 19 -
In a sudden reversal, the OCC and FDIC said they would push back the deadline to April for groups to weigh in on the proposal to modernize the Community Reinvestment Act.
February 19 -
The National Taxpayers Union called on Congress to reevaluate the movement's tax structure, including citing the trend of CUs buying banks as a "textbook example of poor tax policy."
February 19