The Latest

Consumers are back to their old spending and saving habits; Trump administration is encouraging financial innovation; how the financial crisis shaped today's politics; and more from this week's most-read stories.

The new name comes after a public competition to help the $8.8 million-asset credit union rebrand itself.

If President Trump’s tariffs on steel and other products stay in place long, big U.S. importers would be hurt and pass on the pain to their midsize and small-business suppliers — which are the bread and butter of commercial lending.

BofI has agreed to buy $3 billion of deposits from Nationwide Bank as part of the insurance giant's exit from retail banking. The deal comes three years after BofI bought H&R Block Bank's deposits.

The OCC has simplified language detailing how fintech charter applicants will clear requirements for meeting community needs. The move has some consumer groups worried.

Sensing an opportunity in the small-business credit card market, Stripe is setting out to outflank big banks by offering application programming interfaces to enable its clients to issue their own physical and virtual credit cards.

Tekalign Gedamu, who would chair Marathon International Bank, says that Zekarias Tamrat is bad-mouthing the de novo effort following his dismissal and a subsequent payment disagreement. Tamrat was slated to be the bank's president.

Perhaps seeking to dispel rumors that Starbucks can’t innovate in payments without Howard Schultz, the company is joining a platform that could one day enable customers to trade bitcoins for caramel lattes and mocha frappuccinos.

Tory Nixon, who became Umpqua's chief banking officer this spring, is trying to drive more customers to use mobile banking (only 15% do so now industrywide) without alienating them in the process.

Sherrod Brown of Ohio and Cory Booker of New Jersey unveiled a bill to ban overdraft fees on debit card transactions and ATM withdrawals.