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The Las Vegas-based institution reported that its net interest margin rose during the third quarter of 2019 as consumer loan balances increased.
November 1
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The Dallas company said it should be able to avoid restating past financial results. It also reported higher quarterly earnings helped by increased mortgage activity.
November 1
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The former credit union employees are now banned from working at federally insured institutions.
October 31
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The Tucson, Ariz.-based institution's vice chairman, Frank Trembulak, has served as interim CEO after Robert Ramirez retired earlier this year.
October 31
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Michael DeShazo has been serving as interim leader of the San Diego-based institution since the previous CEO left in June.
October 30
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A special committee in the state Senate has recommended not to move forward on a proposed bill to tax credit unions above a certain asset threshold.
October 30
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While the impact of the U.K.’s endemic late payments culture has captured the headlines over the past couple of years, there is arguably an even bigger problem afflicting the country’s merchant population — the threat of not being paid at all.
October 30
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The Tennessee company, which was outbid in an effort to buy a North Carolina bank earlier this year, will pay $41 million for a branch network in the middle part of its home state.
October 30
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The program will be called Bucks for Buckeyes and will be offered in partnership with the Minnesota Credit Union Network.
October 30
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Credit unions in the Garden State are frequently at the bottom of national rankings for key financial metrics. Further consolidation is likely needed to help bolster these results.
October 30
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U.S. banks are trying to answer a key question about open banking: Can we share our data with payment companies and other fintechs without scrapping our legacy systems? The answer is yes, with an asterisk.
October 30
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The Pennsylvania company will pay $346 million for MutualFirst Financial.
October 29
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Card processor i2C Inc. has formed an alliance with Ecard, a prepaid debit card targeting travelers that's accepted on both Discover and China’s UnionPay network.
October 29 -
Executives at banks in California say there's only so much they can do until the flames subside.
October 29
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The transaction will expand the CUSO's reach to nearly 1,200 credit unions.
October 29
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It's difficult to recruit and retain talent amid low unemployment, while uncertainty about GSE and BSA reform makes planning harder, bankers said at the ABA convention.
October 29
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Laurie Stewart, a former credit union CEO and incoming chair of the American Bankers Association, says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.
October 29
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Finabler’s Xpress Money cross-border transfer service has partnered with Geoswift to enable consumers in global markets to send funds in real time to Chinese bank accounts.
October 29
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The complaint alleges the lead plaintiff was charged two separate fees for the same transaction and she didn't have sufficient funds.
October 29
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Laurie Stewart says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.
October 28
