The Latest

To reach more younger members, First Capital FCU sent an area high school student to prom — paying for her tickets, limo and more — in the culmination of an academic year that included the launch of its Youth Financial Advisory Board for high school students.

Glenn Moyer, the former banking commissioner of Pennsylvania, has joined a banking risk-management consulting firm.

Earvin "Magic" Johnson has made several moves in the payments industry over the years, and the latest puts him on Square's team.

Wells Fargo has hired a new head of commercial real estate lending for its Orange County, Calif., office.

The payment processor Total System Services (TSYS) has promoted a longtime employee to head up its North America consumer, commercial and health care lines of business.

The U.S. Postal Service has selected Cincinnati-based Vantiv, a payment processing service provider, to be its payment service support contractor.

Members of Xceed Financial Center now have instant access to an associate through their smart phones, laptops or desktop computers with the credit union's new virtual banking product — Xperience Center — which recently went live.

MUFG Union Bank in San Francisco has named Michael Feldman head of its wealth markets group.

A Seattle-based company is trying to make it easier for individual investors in peer-to-peer loans to cash out early.

Signature Bank in New York has added former Rep. Barney Frank to its board. The $29 billion-asset company said that Frank filled a seat previously held by Alfred DelBello, a former lieutenant governor of New York who died last month. This is Frank's first appointment to a bank board.