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Wells Fargo has emerged as the front-runner to buy General Electric's railcar-financing unit, people with knowledge of the matter said.

Union Federal Savings & Loan Association and First Federal Savings & Loan Association, two mutuals in Kewanee, Ill., have agreed to merge.

Banks need more clarity about the circumstances under which attorney-client privilege applies. Otherwise they may decline to ask questions about the legality of their actions, leading to even more compliance problems.

Mixed Opinions on Interest Rate Hike; BNY Mellon Glitch Update

Technology provider Hyland on Thursday said five Canadian credit unions have selected the company's OnBase solution to eliminate paper, automate processes and increase member service.

The Alabama Credit Union Administration on Thursday placed $598 million Alabama One Credit Union, based here, into conservatorship.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

In recent online focus groups, Federal Reserve researchers presented 44 small-business owners with basic information about a loan and asked them to estimate the interest rate. The business owners' responses were telling.

This fall, the United States will finally transition to EMV—but it’s too little too late.

The "buy buttons" that are popping up on social media platforms are intentionally simple, often meant to enable one-click purchases of individual products. But as the technology's popularity grows, so must its capabilities.