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With the pace of credit unions gaining CDFI certification already slowing, a change to how the Treasury Department reviews applications could have an impact on institutions receiving grants.

The transition to Stein from Hadley Robbins is the result of a multiyear succession process, the Tacoma, Wash., company said. Robbins had succeeded the late Melanie Dressel.

CUs in the Great Lakes State continue to see positive growth, but several key metrics are increasing at a slower pace.

Gulf Capital Bank has received conditional approval from state and federal officials and could be up and running late this year or early next year, its organizers say.

How PayPal obtained a payments license to operate in China — an achievement that’s long frustrated the biggest U.S. banks and payments networks — sheds light on the unique challenges of breaking into the world’s biggest payments market.

The institution also remained well capitalized and its membership rose in the first half of the year.

With credit discrimination still legal in many states, the Michigan-based institution aims to help this marginalized group.

Digital financial services provider Revolut is expanding a partnership with Visa that will allow it to nearly double its global footprint by adding 24 new markets, including the U.S.

Caught in the middle of a credit-subsidy debate, the program would have shut down on Tuesday without congressional action.

Ernest Pinner, who co-founded the Florida company in 1999, will become non-executive chairman in January.

Warsaw Federal will keep its name and charter after joining First Mutual Holding in Lakewood, Ohio.

A growing number of institutions offer concierge services for staff members as a way to boost employee retention.

Their challenge is creating a viable, profitable product that doesn't get flagged for being predatory.

An initial review determined that lax oversight at Enloe State Bank allowed for the origination of more than 100 allegedly fraudulent or fictitious loans.

The Kingston, N.Y.-based institution can now serve those who live and work in seven counties.

The U.K. charity sector is currently facing its biggest ever crisis of trust — with a recent survey conducted by the Charities Aid Foundation finding that the proportion of the general public who donate to charity has declined for the third year in a row — amid rising concerns about wastage and corruption.

The Alabama-based institution has embraced recruiting younger workers as a way to introduce new lines of thinking across the organization.

TransferWise once marketed itself as Robin Hood-style rival to banks. Now it sees itself as an ally.

The once-acquisitive company is not interested in a "roll-up strategy" in Texas's biggest city, said CEO Phil Green. In a Q&A, he also explained why loan competition is intensifying and what's really keeping business customers up at night.

The Miami unit of Chile’s Banco de Credito e Inversiones is acquiring Executive National Bank. It bought Miami's TotalBank last year.