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The Plano bank, which is being sold to Prosperity Bancshares in one of the industry's biggest M&A deals this year, was also worried about credit quality, a regulatory filing shows.

Raisin, originally a marketplace for bank-savings products, is buying 100% of Fairr’s share capital in exchange for Raisin shares as well as cash.

United Churches Credit Union, which has just one branch, can now serve anyone who worships in two counties.

Organizers of Silver River Community Bank must raise $17 million before opening.

The young professionals' development group is searching for a new manager following Lauren Culp's departure on Friday. She will remain in the industry.

Banks are expected to appeal last week’s field of membership ruling, but credit unions must also explain why part of their new rule doesn't discriminate.

The Unity, Maine-based institution, which should open in the fall, will provide member business loans and other products to local farmers.

The two credit unions are expected to complete the integration on Oct. 1 for a combined institution of nearly $3 billion in assets.

Recent legislation to lower auto insurance premiums in the Wolverine State could cut into noninterest income, but many institutions are still unclear on how much of a hit they’ll take.

The most popular payment method in Hong Kong is no longer considered safe by many protesters.

How is the Pennsylvania bank trying to differentiate itself in wealth management? By assembling a team of private bankers to cater to the complex needs of high-net-worth clients.

Miami’s mass transit system is adding contactless card payments on its Metrorail service as it combats ridership decline.

Credit unions have largely moved past their distrust of fintechs, but plenty of institutions still face challenges when it comes to finding the right vendors.

Banks, for the most part, have not advanced their core digital technologies as quickly as payments networks and disruptors ahead of the original PSD2 deadline. And the European Banking Authority has also cited the payments networks for not advancing the 3D Secure 2.0 online authentication model far enough to comply with PSD2 provisions.

After two consecutive quarters of losses, People's Choice FCU will merge into CityMark FCU when its longtime CEO retires this fall.

Santander Bank's U.S. unit will be eliminating 80 mortgage-related positions as it withdraws from the third-party origination sales channel and refocuses on producing home loans through its branch network.

Management at the Wyoming, Mich.-based institution decided on the name Bloom Credit Union after a review of its core values and market position.

Hove, who spent 11 years on the Federal Deposit Insurance Corp. board, was the agency's acting chairman three different times during the 1990s. He held several jobs in banking, including chairman and CEO of Minden Exchange Bank & Trust, which had been led by his father.

First Mutual Holding is buying the tiny Blue Grass Federal and keeping its charter. The deal will allow the seller to save costs and maintain its autonomy.

The company has agreed to buy Albany Bancshares, which has four branches near the Iowa border.