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Tussles over risk-based capital have preoccupied the agency of late, but Rodney Hood says he also wants to foster growth of minority-owned institutions and make sure credit unions are taking the hacker threat seriously.

Andigo CU said it would merge into Consumers CU, creating the fifth-largest credit union in Illinois.

The companies said the merger will provide scale and help them update technology more efficiently.

The Los Alamos, N.M.-based institution said that Dwayne Herrera would take over as CEO after its previous leader took another job.

The St. Joseph, Mich.-based institution faced claims that it didn't properly opt members in to its overdraft program.

India has taken a hard line on cryptocurrency, but other blockchain payments innovation is thriving.

Large banks are going from more rural areas to expand in cities like Pittsburgh. Credit unions in the affected markets will have to adapt to survive.

In recent years, the in-aisle payments and checkout-free stores have become increasingly common across the U.K. retail market, especially in the supermarket and grocery sector. Now High Street fashion outlets are coming under pressure to introduce faster and more convenient payment options to keep up with consumer demands.

The Michigan company disclosed that an unnamed client made a large payment on a $6.5 million nonperforming loan.

Ron Baron had been serving as interim president and CEO for the Delaware-based institution before being given the job permanently.

The U.K.’s Equals Group’s FairFX currency unit has purchased Hermex FX, another U.K. firm serving corporate customers with currency exchange and payment services.

The New Jersey company was reportedly shopping itself around last fall. Fresh off an agreement to buy Gold Coast Bancorp in New York, CEO Kevin Cummings says he is ready to explore other acquisitions.

Square has launched Square Terminal in Canada in an effort to lure merchants that use myriad iPads, tablets and smartphones to receive payments in stores and remotely.

Ancora Advisors also suggested that the company get rid of its current management team.

Sen. Susan Collins stopped by the Maine Credit Union League while other institutions supported local teachers and charities.

The bank will buy First State Bank of Mobeetie.

The New Jersey company will pay $284 million for Two River Bancorp and Country Bank Holding.

The company will pay $13 million for the parent of Western Bank of Wolf Point.

There are opportunities to make loans for strip malls and regional distribution centers but executives need to put the right risk management in place.

Palmer Proctor, who took over at Ameris after it bought Fidelity Southern, where he was also CEO, says more deals would be a "distraction."