The Latest

WASHINGTON — More than one hundred House Democrats sent a letter to Consumer Financial Protection Bureau Director Richard Cordray on Wednesday calling for the agency to strengthen its proposal to rein in payday lending.

The $234 million-asset bank said in a recent press release that Thomas Duryea had succeeded its founder, Shirley Nelson.

Gary "Litefoot" Davis, a member of the Cherokee Nation in Oklahoma and a music and on-screen personality, was named executive director of the Native American Financial Services Association.

More CDCUs received grant funding this year, but the overall total awarded to credit unions was down slightly from 2015.

Kim Kaselionis saw a lot of small-business-loan applications die on her desk when she was a bank chief, so she started a crowdfunding firm to nurse along startups till they were bankable. That's where Fresno First comes in.

The Department of Justice wants banks to more fully cooperate with civil investigations. Companies now are expected to "materially assist" the agency in providing documents, access to witnesses and even inculpatory documentary evidence such as emails and text messages.

Citi will join Early Warning's clearXchange, giving the bank-operated digital transfer network a boost as it takes on apps like PayPal’s Venmo.

Freedom 1st Credit Union in Dayton, Ohio, has selected COCC as its new core processing system.

Federal Reserve chair Janet Yellen testified for the second consecutive year on regulatory issues, the fate of Wells Fargo and whether the central bank acts in a political fashion.

Citi will join Early Warning's clearXchange, giving the bank-operated digital transfer network a boost as it takes on apps like PayPal’s Venmo.