Location Root Tag

The Tennessee company will gain access to the Bowling Green, Ky., market as part of the $52 million deal.

First Commerce Credit Union's agreement to buy Citizens Bank brings to 14 the number of deals this year in which a credit union is buying a bank.

First Commerce Credit Union's agreement to buy Citizens Bank is the 14th credit union-bank deal of the year.

The company will offer deposit-related services to firms with permits for hemp and CBD.

Private Bancorp of America is the latest bank to report a borrower issue in connection with a high-profile fraud case tied to liquor licenses.

The Spokane-based CU had planned a co-location strategy with a local coffee company. While that deal fell through, the credit union is still looking for another coffee vendor to partner with.

Goldman Sachs, Elevar Equity and QED Investors are among institutions financing Mexican lenders that fund SMEs.

The company agreed to buy Tennessee Community Bank Holdings, which has operations just west of Nashville.

After a nine-month transition period, Lyndon Matteson has been elevated from president to president and CEO following Edward Lopes' retirement.

As anti-money laundering requirements tighten in many jurisdictions, financial institutions and fraud prevention platforms are ditching legacy AML solutions for newer technology — but alternatives aren’t easy to come by yet.

The West Virginia company, which invests heavily in fintech firms, bought Chartwell Compliance in Maryland.

Hawaii State FCU has a dedicated branch for testing new products. It's a format that other institutions could follow.

Geographic scale and low-cost funding are the foundation of a good deal, seasoned bank acquirers said in a panel discussion.

The Seattle company rebranded as WaFd Bank to address confusion that it might have ties to the federal government.

Members of Postal Employees of Troy, N.Y. Federal Credit Union approved the transaction earlier this week.

The loan participation has been flagged for potentially fraudulent activity.

Even though security vendors and payments providers are telling merchants they are ready to provide compliance for PSD2 on Sept. 14, a significant challenge remains in the learning curve and technology needs for merchants.

An increase in credit union acquisitions of banks has been a blow to the morale of many commercial bankers, and some of their trade organizations are trying to slow down the trend. There may be little they can do.

Merchants won an extension to comply with PSD2’s new customer authentication rules, but as new rules for issuers go into effect next week, TSYS is rolling out tools that aim to do double duty.

Jay Gostonczik will head the Minnesota-based institution when Richard Nesvold retires during the first quarter of 2020.