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China’s slow courting of U.S. payment companies made a tiny step forward this week, shortly after a similar gesture from the U.S. government that teases progress in the broader trade dispute.
January 9 -
The deal will bring a wider array of products and services to members of the $4.4 million-asset Yellowstone FCU, including online bill pay and a shared ATM network.
January 9 -
Alaska USA Federal Credit Union will nearly double its operations in Phoenix after it buys the locations.
January 9 -
The Anchorage-based credit union has agreed to purchase seven Phoenix-area branches from TCF, nearly doubling its presence in that market.
January 9 -
Patrick O'Brien had been CB Financial's president and CEO for about two years.
January 9 -
The Pennsylvania company will pay $80 million for the parent of USNY Bank.
January 9 -
So far this year, Lloyds and Clydesdale and Yorkshire Banks have had payment failures in the U.K. And in the U.S., a software glitch at parking technology vendor Parkeon halted digital payments at meters in New York and other cities.
January 9 -
Ardent Credit Union plans to market its adaptable “Cube” design to other financial institutions.
January 8 -
Tencent Holdings Ltd. and China UnionPay Co. will soon unify the mobile codes that consumers scan to pay for purchases, granting the Chinese central bank-backed network a bigger foothold in a $27 trillion payments arena.
January 8 -
Facebook’s Libra cryptocurrency project has drawn vast political pushback, but also more tangible government action as nations globally consider central bank supported digital currencies. It’s also sparking a potential bottom-up approach in New York.
January 8 -
All but a handful of states now allow a gamified way for consumers o save money, and some credit unions have adopted these programs to help boost deposits.
January 7 -
The company, which has agreed to buy Marquis Bancorp, could use some of the proceeds to fund growth and pay off a line of credit.
January 7 -
After struggling with profitability, Horizons FCU has been approved to join Premier Members Credit Union later this year.
January 7 -
Andy Kempf has taken the helm from David Leusink, who retired after 30 years in the credit union movement.
January 7 -
David Frazier will take the helm of the Dallas-area institution in February.
January 7 -
Laurie Baker, a 25-year veteran of the credit union, will take the helm next month after longtime CEO Mike Vadala retires
January 6 -
Here's one way community banks are trying to win over commercial clients and wealthy households: by sharing internal research with them and positioning themselves as experts on everything from business sentiment to demographics.
January 6 -
The Mass.-based institution, which recently saw a slight dip in noninterest income, will provide a variety of P&C products for members and nonmembers.
January 6 -
Premier Federal and Educators Credit Union together returned more than $3.7 million to members on the strength of their 2019 performance.
January 6 -
Both institutions will see an expanded field of membership as a result of the charter change.
January 6




















