The Latest

Canyon State Credit Union on Monday said it now has an official partnership with Grand Canyon University.

The end of a calendar year always brings news of credit unions paying bonus dividends to their members, and Goldenwest CU got the ball rolling Monday with an announcement it will issue a record-setting dividend of $1.1 million on Dec. 31.

Darien Rowayton Bank used funds from a 2010 recapitalization to start refinancing student loans in a move that, so far, has been lucrative for the institution.

Richard Cordray, the director of the Consumer Financial Protection Bureau, takes issue with American Banker's recent story about errors in the agency's complaint database.

A breakdown of M&A announcements in the financial services industry for the week ended November 28.

The Federal Reserve Board finalized a regulation that further narrows its ability to provide emergency funds to companies in a crisis.

Morgan Stanley is planning a reduction of as much as a quarter of its fixed-income staff after years of revenue declines and insufficient returns, according to people with knowledge of the plans.

Evans Bancorp in Hamburg, N.Y., has hired John Connerton to become its chief financial officer.

The Filene Research Institute has opened applications for its new incubator project, “Reaching Minority Households.”

Congress has a packed agenda this December with major budget and transportation bills in the works that may contain key changes for the banking industry.