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On Jun. 30, 2016. Dollars in thousands.

On Jun. 30, 2016. Dollars in thousands.

On June 30, 2016. Dollars in thousands.

American Banker is pleased to bring you Breaking Banks, hosted by Brett King, and featuring the editors of American Banker.

Credit unions across the country open their doors to non-members to cast ballots on Election Day, and while most aren’t expecting any trouble during this tense election season, it can create both challenges and opportunities for participating CUs.

Citibank has launched Touch ID sensor authentication for its iOS mobile banking users in Hong Kong.

The $408 million-asset company said in a press release that it completed a private placement of subordinated debt to accredited institutional investors.

WASHINGTON — A group of financial regulators have announced final changes to its ratings system for examining banks' compliance with consumer protection laws. The update to the ratings generally reflects changes in the marketplace since the rating system was adopted in 1980.

As voters in California, Florida and nine other states decide whether to legalize marijuana, the results may force Congress to resolve differences between federal and state laws that have paralyzed much of the banking industry.

Deposits at big banks have swelled as corporations shifted funds around in anticipation of new money market rules. But industry experts describe the influx as a temporary blip that will serve mainly to provide yet another drag on margins in the fourth quarter.