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The Chicago company will close 19 branches and eliminate 150 jobs, partially reflecting changing customer preferences.
May 21
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A number of credit unions and banks have been accused of operating websites that violate the Americans with Disabilities Act. Here’s why trial lawyers are targeting them and are expected to sue more.
May 21
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An effort to oust two directors at the Seattle company was nullified after the investor failed to seek the required approval from the bank's state regulator.
May 21
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Kristin Shultz is set to take the helm from retiring CEO Linda Powell, who is leaving after 16 years at the credit union.
May 21
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The high multiple Fifth Third is paying for MB Financial raises questions about whether it can cut enough costs, realize enough growth and win over skeptical investors.
May 21
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The CFPB policy was aimed at preventing discriminatory markups on indirect loans made by car dealers, but current acting CFPB Director Mick Mulvaney said the guidance "seemed like a solution in search of a problem."
May 21
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Lawmakers can finally deliver long-promised regulatory relief if the House passes S. 2155 this week – the added benefit being that it will improve the lending process for credit unions and consumers alike.
May 21
Pennsylvania Credit Union Association -
Traditional credit scoring is under siege from alternative underwriting, and TransUnion is joining the future by investing in other emerging trends such as mobile device security and health care payments.
May 21
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Why both Republicans and Democrats are exaggerating legislative changes to the Dodd-Frank Act.
May 21
American Banker -
Sageworks, a financial services software firm that provides institutions with lending and risk solutions, was sold to Silicon Valley-based Accel-KKR.
May 21
