The Latest

A breakdown of M&A announcements in the financial services industry for the week ended June 20.

ACNB in Gettysburg, Pa., has promoted James Helt to president of its bank unit.

A House Financial Services subcommittee will hold a hearing Thursday on employee allegations of discrimination and retaliation at the Consumer Financial Protection Bureau.

Community banks get almost half of their service charges from overdraft fees. That could become problematic as regulators continue to look into the issue.

Dickinson Financial in Kansas City, Mo., has consolidated several of its banks charters to cut costs and improve marketing to military members.

Hangzhou Jiuzhou Grand Pharmacy Chain, a subsidiary of Chinese drugstore company Jo-Jo Drugstores, Inc., will allow customers to pay for products via the payment app on mobile chat app WeChat.

CoBiz Financial in Denver plans to issue up subordinated debt to redeem its shares in the Small Business Lending Fund.

MONETT, Mo. — Jack Henry & Associates, Inc., provider of technology solutions and payment processing services primarily for the financial services industry, said Tampa, Fla.-based Suncoast Credit Union selected Episys for its core processing.

The regulatory path may also be bumpier for P-to-P lenders that focus on subprime borrowers, predicts Raj Date, a former second-in-command at the Consumer Financial Protection Bureau.

Small to mid-size credit unions and regional banks could be at greater risk of SMS phishing and phone attacks than their big-bank counterparts, according to one cybersecurity expert, who analyzed the frequency, location and targets of actual known attacks.