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Union Bankshares has reached an agreement under which Federal Savings Bank will originate mortgages in its branches.

Republican Bob Corker of Tennessee and Democrat Mark Warner of Virginia are acknowledging the legislative efforts to end government control of Fannie Mae and Freddie Mac are dead, at least for now.

The agency's bulletin opens the door to banks' making more short-term loans to borrowers with lower credit scores — with few parameters beyond "sound underwriting."

Heading into its sixth year, the XDI Chili Challenge isn't just about cooking up some spicy stew: it can also be a great way to develop rapport with employees and members alike.

Small and midsize businesses (SMBs) are adapting to digital payments technology at slower speeds and for different reasons than larger enterprises. Cash and checks still account for almost half of all SMB payments, and SMBs have lagged behind other merchants in the U.S. shift to EMV technology.

The Toronto bank is making good on its promise to reduce its exposure to Canada's softening housing market.

A major study recently named the $2.5 billion-asset CU the No. 1 performing credit union in California.

A borderless, interoperable global payments system makes it harder for vendors to charge high prices while forcing more innovation, writes Normand Provost, liaison chair of Nexo.

Senior executives from Barclays, Bank of America and other big banks urged women to aim high, take chances on challenging jobs and — perhaps most important — provide support to other high-performing female colleagues instead of viewing them as a threat.

The $1.5 billion-asset credit union has agreed to convert to Corelation, Inc.'s KeyStone core system in late spring of 2019.