The Latest

Until recently, credit unions rarely used arbitration clauses, and were praised by consumer advocates for pro-customer practices. But credit unions have learned to embrace the use of arbitration clauses – and now oppose the Consumer Protection Bureau’s plan to rein them in.

Book drives, bike rides and scholarships are just a few of the most recent ways credit unions have been helping the communities they serve.

If there is a takeaway from Citigroup's not-quite-stellar rollout of the Costco Anywhere Visa card, it is this: Even in modern times, the transition of large card portfolios from one issuer to another can prove disastrously complex.

Financial institutions are still developing uses for blockchain, with the latest test coming from The Bank of Tokyo-Mitsubishi UFJ and Hitachi, which are using the technology for issuing, transferring and collecting electronic checks.

The Bancorp in Wilmington, Del., has sold a loan portfolio as part of its effort to reduce the size of its discontinued commercial loan book.

Discussions around reinstating the Depression-era law are headline-grabbing, but Glass-Steagall has no merit in our current financial environment.

The $13.1 billion-asset parent company of PlainsCapital Bank named William Furr CFO, effective Sept. 1.

Several lenders are attempting to recover a combined total of nearly $500 million from the estate of the deceased chief executive of an Oklahoma energy company.

Minnesota-based TruStone Financial FCU announced a merger with Wisconsin-based Kenosha Postal Employees CU, effective Sept. 10, 2016.

Credit union insiders cheer Democratic presidential nominee’s plan outlining how reg relief will benefit credit unions and small businesses alike.