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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 -
More groups said they submitted bids for digital banking licenses in Singapore as companies, ranging from a property giant to Chinese fintech firms, joined forces to go for the sought-after permits.
January 6 -
The company will pay $29 million for a bank located northwest of Grand Rapids.
January 6 -
Dort Financial is the latest to switch from a federal charter to a state charter, a move that also widens its field of membership.
January 6 -
Though there were several high-profile mergers of equals among bigger banks, deal activity rose only slightly, and the vast majority of transactions involved the smallest of institutions. Here's an overview of those trends and others that stood out in bank dealmaking last year.
January 5 -
One credit union's experience helping Puerto Ricans after Hurricane Maria illustrates how powerful financial wellness tools can be.
January 3
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Organizers of TYME Bank aim to take advantage of consolidation taking place around Texas.
January 3 -
Michael Troutman will serve as chief revenue officer at Bay Banks of Virginia, where he will advise management and the board on growth opportunities.
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