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A behind-the-scenes credit union veteran will go from being NCUA Chairman Debbie Matz’ right-hand man to serving in a similar position for Pentagon FCU CEO James Schenck.

Meridian Bank in Malvern, Pa., has raised $13.8 million through a sale of common stock.

With the latest recovery of losses related to the failed corporates brings agency another step closer to being able to issue rebates to credit unions from the corporate stabilization fund.

Senior members of the Obama administration posted a blog under the headline: "A Moral Case for Putting a Stop to Payday Lending Abuses." White House officials are citing support from a diverse array of religious leaders for ending the cycle of debt caused by taking out multiple payday loans.

It sounds like a bad idea to seat customers in front of a screen to open accounts or get other higher-level services from remote banking officers, but BluCurrent Credit Union in Springfield, Mo., turned to video banking to cure its branch traffic woes and its members seem to like it.

United Community Financial in Youngstown, Ohio, has hired a JPMorgan Chase executive to be in charge of its technology.

The $973 million-asset bank will build one of its first stand-alone branches this year in Fairway, Kan., in the metro Kansas City area. Most of Academy's 88 branches are located inside Walmart stores.

As regulators begin taking a harder look at marketplace lenders, questions are being raised about how fair-lending rules are being applied and what, if any, obligations those new participants might have to low- and moderate-income borrowers.

It sounds like a bad idea to seat customers in front of a screen to open accounts or get other higher-level services from remote banking officers, but BluCurrent Credit Union in Springfield, Mo., turned to video banking to cure its branch traffic woes and its members seem to like it.

The Department of Housing and Urban Development is continuing to reject calls to slash the annual premium for the Federal Housing Administration despite a renewed push by the National Association of Realtors. But some predict the FHA may eventually cave in.