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Caught in the middle of a credit-subsidy debate, the program would have shut down on Tuesday without congressional action.
September 27 -
Ernest Pinner, who co-founded the Florida company in 1999, will become non-executive chairman in January.
September 27 -
Warsaw Federal will keep its name and charter after joining First Mutual Holding in Lakewood, Ohio.
September 27 -
A growing number of institutions offer concierge services for staff members as a way to boost employee retention.
September 27 -
Their challenge is creating a viable, profitable product that doesn't get flagged for being predatory.
September 26 -
An initial review determined that lax oversight at Enloe State Bank allowed for the origination of more than 100 allegedly fraudulent or fictitious loans.
September 26 -
The Kingston, N.Y.-based institution can now serve those who live and work in seven counties.
September 26 -
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.
September 26 -
The Alabama-based institution has embraced recruiting younger workers as a way to introduce new lines of thinking across the organization.
September 26 -
TransferWise once marketed itself as Robin Hood-style rival to banks. Now it sees itself as an ally.
September 26 -
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.
September 25 -
The Miami unit of Chile’s Banco de Credito e Inversiones is acquiring Executive National Bank. It bought Miami's TotalBank last year.
September 25 -
The direct threats to the Trump presidency and Boris Johnson's tenure as prime minister of the U.K. create an extra layer of uncertainty for fintechs.
September 25 -
Joel Slagan takes over for Carrie Wood, who resigned from the Pennsylvania-based institution.
September 25 -
A deal to join the Illinois- and Maine-based institutions was called off because of differences that came up during the due diligence process.
September 25 -
The Maine-based credit union expanded a colon cancer screening service to include all forms of the disease, a move that has helped keep staff healthy.
September 25 -
The North Carolina company agreed to buy the much-smaller Community Financial Holding.
September 24 -
The Maryland company says two recent deals, including its agreement to buy Revere Bank, give it the right amount of coverage across Washington's suburbs.
September 24 -
After investing in a payments CUSO earlier this year, the Florida-based credit union is looking for additional opportunities to work with fintechs.
September 24 -
PayPal must pay a fine to the U.K.’s top financial watchdog for failing to keep its operations completely separate from iZettle while authorities investigated competitive effects of PayPal's purchase of the Sweden-based mobile POS provider.
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