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First Bancorp in Damariscotta, Maine, has repurchased warrants it sold to the Treasury Department under the Troubled Asset Relief Program.

Consulting Services division intended to help other CU achieve their strategic goals.

At the California and Nevada Credit Union Leagues’ Annual Meeting and Convention in Las Vegas earlier this month, attendees cheered the National Credit Union Administration for making several changes to field of membership rules that expanded options for Americans to join a credit union. NCUA finalized some rules and proposed further changes. Meanwhile, the Independent Community Bankers of America have made noises about a lawsuit. ICBA already filed suit against NCUA for its recent member business lending rule.

USAA has debuted several new features designed to make its digital wallet more versatile and to cast payments as one of a series of services.

Bank of New York Mellon has created a dedicated innovation group for launching new technologies in its treasury services unit.

Financial industry groups have rolled out a plan for keeping bank customers' data safe if a mega-disaster, like a massive attack or a natural disaster, strikes.

The credit union is celebrating its 65th anniversary this year, and has returned more than $66 million to members as bonus dividends over the past 12 years.

The credit union had asset of just over $76,000, and NCUA determined it was insolvent with no prospect for restoring viable operations.

WASHINGTON – The House is expected to vote on a bill this week that would change the way banks are designated as systemically important and subjected to tougher regulatory requirements.

Federal Deposit Insurance Corp. Chairman Martin Gruenberg said he would not offer his resignation to President-elect Donald Trump.