The Latest

Of the five banks that failed their living will tests earlier this year and were forced to resubmit plans, only Wells Fargo failed again, resulting in immediate regulatory action that will restrict its growth, including its ability to expand internationally and buy nonbank subsidiaries.

The credit union has returned nearly $200 million to members in extraordinary dividends over the course of the last 17 years.

Southern National Bancorp of Virginia in McLean has agreed to buy Eastern Virginia Bankshares in Glen Allen for $178.3 million.

The latest Quarterly U.S. Map Review from NCUA offers a state-by-state look at where the most significant credit union growth is – and is not – taking place.

Flushing Financial in Uniondale, N.Y., has raised $75 million by selling subordinated notes.

ConnectOne Bancorp in Englewood Cliffs, N.J., is looking to raise at least $35 million through a stock offering.

Ralph Hamers, CEO of ING Group in Amsterdam, sat down with American Banker to talk about the company's future in the U.S., plans to grow mobile users and banks' relationship with fintech.

Of the five banks that failed their living will tests earlier this year and were forced to resubmit plans, only Wells Fargo failed again, resulting in immediate regulatory action that will restrict its growth, including its ability to expand internationally and buy nonbank subsidiaries.

Rivermark promotes a trio of chiefs and other credit union professionals in the news.

Samsung Pay users had the advantage over Apple Pay and Android Pay when it launched last year with a technology enabling mobile payments through virtually any merchant terminal—contactless or not—but that advantage quickly diminished.