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Horizon Bancorp in Michigan City, Ind., has exited the Small Business Lending Fund program.
February 2 -
WESTBURY, N.Y. Nassau Financial Federal Credit Union on Tuesday said John DeCelle will be its next president and CEO beginning Feb. 22, succeeding Frank Cordano, who will retire on Feb. 26 after more than 20 years with the $395 million CU.
February 2 -
Toyota Motor Credit Corp. will change its pricing and compensation system to reduce dealer discretion and financial incentives to mark up interest rates, under an enforcement action by the Consumer Financial Protection Bureau and Department of Justice.
February 2 -
WASHINGTON The Federal Deposit Insurance Corp. is urging banks to perform due diligence and identify potential risks before conducting business with marketplace lenders.
February 2 -
The CFPB notched another victory in its effort to limit dealer discretion after Toyota Motor Credit Corp. agreed to cut in half how much partnering dealerships can mark up the interest rate on a loan as compensation.
February 2 -
SunTrust Banks in Atlanta said Tuesday that it has created a new line of business specializing in the payments and technology industry.
February 2 -
CEO Jeffrey Brown spent much of the firm's quarterly earnings call Tuesday responding to the demands of shareholders who are unhappy with Ally's weak stock price.
February 2
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Cross-border payments, even small ones, take days to clear, cost 5% to 10% of the payment amount, and can be baffling to the consumer. Zenbanx, TransferWise and Ripple and other startups are trying to change this.
February 2
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Michigan State University Federal Credit Union in East Lansing, Mich., has reached $3 billion in assets.
February 2 -
Salisbury Bancorp in Lakeville, Conn., has named James Cotter the chief operating officer of Salisbury Bank & Trust.
February 2
