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Congress wants to put federal flood program on sounder financial footing, encourage the development of private flood insurance market and stop the insanity of rebuilding properties subject to repetitive flooding.
December 23 -
Whether it’s youth financial education, scholarships, donating to causes that impact children or any number of other projects, here’s how credit unions are giving back to their communities and cultivating the next generation of members.
December 23 -
Stephen Gordon has long been known as an entrepreneurial banker, which helped him expand his California bank aggressively over a five-year period. A spike in chargeoffs that led to a third-quarter loss spurred Gordon to beef up credit oversight. The question is whether that effort will stymie loan growth.
December 23 -
David Jezewski will take the helm in April, succeeding retiring CEO Ernie Jackson.
December 23 -
Highlands Bancorp in Vernon, N.J., has raised $8.5 million through a sale of common stock.
December 23 -
American Banker predicted these five bankers would make news. Several delivered, mostly with small, strategic deals and finding ways to make money in spite of challenging conditions.
December 23 -
Since technology is so ingrained in every aspect of banking, some say the idea of looking at tech spending as a stand-alone budget item is antiquated.
December 23 -
NCUAs recent field of membership ruling could massively expand credit union membership provided CUs have the technology to capitalize on the opportunity.
December 23 -
International mobile money transfer firm WorldRemit is in the midst of a broad expansion of its services to various global regions, relying on a handful of strategic partners with a focus on new regions.
December 23 -
Despite the number of articles, studies and research on the digital journey, findings of a McKinsey report state that 90 percent of European banks invest less than 0.5 percent of their total spending on digital. As a result, most have relatively shallow digital offerings focused on enabling basic customer transactions.
December 23





