The Latest

The Odon, Ind.-based credit union would gain six branches by acquiring Community State Bank of Southwestern Indiana.

The regulator cited "unsafe and unsound practices" at the Georgia-based institution, which is the first credit union to be conserved this year.

The maker of accounting and invoicing software is, with the help of a community bank, the latest fintech to cater to small-business owners.

The push for a public option to digitize government payments has gotten stronger, and the discussion has moved on from whether it should happen to how it should happen.

A budget item establishing a new agency to protect consumers from predatory lenders has been put on hold as state officials deal with the coronavirus response and other priorities. But it could be revived in legislative talks later this summer.

After three months of supervising national banks remotely, examiners will soon resume visiting them in person and working in regional offices, says acting Comptroller of the Currency Brian Brooks.

AI is not merely a play to cut costs or replace human capital, says Silent Eight's Jim Logan.

Organizers of Coastal Community Bank withdrew their application after the pandemic disrupted efforts to raise capital.

In the wake of the pandemic, Americans are taking on more debt to cover expenses. That could signal an opportunity for growth in some unsecured lending products.

Lenders are cautioning not only that second-quarter provisions might exceed the spike seen earlier this year, but also that credit costs could be elevated into 2021 if the economic slowdown drags on or fears of a second coronavirus wave are borne out.