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Sponsoring securitizations of the loans funded on its platform will give LendingClub more control over its reputation in the market and make it less beholden to direct loan buyers.
June 26
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A federal appeals court is scheduled to hear oral arguments in August in a decade-old case against the San Francisco bank that could cost it hundreds of millions in penalties and restitution.
June 26
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Celebrating anniversaries, honoring veterans, helping out in the classroom and other ways credit unions are giving back to the communities they serve.
June 26
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The NCUA is letting federal credit unions securitize and sell assets. Such transactions would free up capital at credit unions, allowing them to make more loans.
June 26
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The $201 million-asset CU has seen delinquencies rise from just $1.2 million at the end of 2015 to nearly $11 million at the end of March 2017.
June 26
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The service only became available to customers around the third week of June, which is much later than the timeline Discover initially laid out for Samsung Pay’s availability.
June 26
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The $2.6 billion-asset parent of TBK Bank is acquiring nine branches from Independent Bank Group.
June 26
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Banks are making it easier to log in, adding expense trackers and simplifying payments as they try to get corporate clients to use mobile more.
June 26
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Meridian had been looking to expand in certain Boston suburbs before agreeing to buy Meetinghouse Bancorp for $17.8 million.
June 26 -
Bernstein will retire from the Colorado Springs-based credit union in October, at which time current EVP Chad Graves will take the helm.
June 26
