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The deal includes $52.6 million in deposits and $13.2 million in loans, and the bank has indicated it plans to close two more locations in Wisconsin in June.

The neobank Compte-Nickel has opened more than 540,000 accounts since its launch three years ago.

The megabank is looking to robotics and machine learning to save time and money.

The company will sell five branches in Wisconsin to an unnamed buyer. It also plans to close two locations.

In his final public remarks before stepping down from the agency, Fed Gov. Daniel Tarullo called for several changes to the system, including dropping a key element of the stress tests and rethinking the Volcker Rule.

Although the Dodd-Frank Act made some positive changes, the weight of its regulations is killing small banks, Bank of America CEO Brian Moynihan said Tuesday.

Dean Odle takes over for Robin Lentz, who retired after 37 years at the helm.

Square is in talks to acquire Yik Yak, which operates location-based anonymous social network popular among college campuses, reports CNBC.

EVP Randy Beck, an employee at Royal CU for more than 40 years, will put his retirement on hold to lead the credit union during the search for a permanent CEO.

First Commonwealth in Pennsylvania is turning to a third party’s specialized software as the CECL standard makes forecasting credit losses more complicated. Other banks could follow.