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The state where the first U.S. credit union opened in 1909 reported fewer members in the first quarter compared to a year earlier, due in part to the competitive threat from banks.

Smith joined the bank in January after serving as president of Keller Home Financial Services and heading Citi's U.S. mortgage business.

NomuPay has acquired parts of the disgraced processor that could help it overcome the barriers of entry to the lucrative market.

Further changes to field of membership rules will result in credit unions so big that they lose focus on the communities they were chartered to serve.

CEOs have to determine if this is really a viable business in a viable sector and whether these deposits can be safely used to support the fundamental mission of providing credit to the community.

Understanding the different aspects of new technologies and how they extend existing financial systems is essential for fostering a healthy relationship between banking and emerging innovations.

Decision-making algorithms powered by machine learning are seen as the next frontier for a more nuanced approach to mortgage decisions but skeptics worry this will just be a new way to discriminate.

American Banker's annual ranking examines midsize banks with the best financial metrics.

For large community banks, ensuring minimum problematic loans is an important financial metric. In fact, of the top 20 midsize banks, 17 reported nonperforming loans below 1% of total assets.

The American Bankers Association's credit conditions index remained near historic lows despite a slight uptick in the most recent quarter. Pessimism pervaded the outlook for both business and consumer lending.