The Latest

John Sackett, director at Royal Credit Union, was elected to CUNA's board of directors, the trade group announced Tuesday.

The FDIC is proposing a complicated and expensive record-keeping requirement to prepare for the unlikely event that it liquidates a large failed institution instead of transferring its deposits to another bank.

Royal Bank of Scotland Group Plc said some customer payments went "missing" at its consumer bank in the latest glitch after the lender was fined for a computer failure.

Stress-Test Season Kicks Off; Overdrafts Slide

Golden 1 Credit Union inked a deal with the Sacramento Kings to secure naming rights over the National Basketball Association team’s new entertainment and sports center.

As new data continues to be released on how financial institutions can best position themselves to attract the millennial market, a recent study from Saylent found that members of Generation Y place a high importance on being able to manage their own money.

Traditional non-bank payment providers have elected several unconventional names to represent the industry on the Federal Reserve's Faster Payments Task Force steering committee.

Android Pay's announcement lacked the jaw-dropping excitement of last fall’s Apple Pay release. As you can tell from the name, the Android Pay playbook is remarkably similar to Apple Pay.

Credit unions aren’t the only financial services firms reaching out to millennials. A new social media campaign by Fifth Third offers recent college graduates free one-on-one career counseling. The initiative is part of a trend of banks allocating marketing dollars to unusual perks and charitable giving to differentiate their brands.

SmartFinancial in Pigeon Forge, Tenn., has hired a chief experience and strategy officer, ahead of its planned acquisition of Cornerstone Bancshares in Chattanooga, Tenn.