Location Root Tag

The New Jersey bank is entering a business dominated by larger players. In doing so, it could create a blueprint for other small banks.

Florida Gov. Ron DeSantis is attempting to sort out allegations of sexual harassment against the state's banking commissioner and counterclaims of a political setup.

The Credit Union Internal Auditors Association is set to merge into the Association of Credit Union Internal Auditors.

The U.K.’s Nationwide Building Society has invested in Ordo, a fintech that protects consumers from invoice and payments fraud by allowing billers to send payment requests directly to it.

Less than a month after Municipal was placed into conservatorship, former CEO Kam Wong received a 66-month prison sentence along with an order to repay millions he embezzled from the credit union.

The company has agreed to buy Trinity Bancorp for $27 million in cash and stock.

Many community banks have given up on national mortgage platforms as not worth the effort, but organizers of NXG Bank in Maryland say they have a plan to make one work.

Northpointe Bancshares sold stock to an affiliate of Castle Creek Capital.

Arizona Federal Credit Union said its deal to buy Pinnacle Bank is the first of its kind in the Grand Canyon State.

The former Barclays CEO turned bank investor said he sees more opportunity in smaller, newer banks.

April Tompkins has been chief operating officer at the South Dakota-based institution for three years.

Michael Ward, a former CEO at Mrs. Fields Famous Brands, has been a Prime Alliance director for 14 years.

Someone reportedly was burning paper at the Texas bank on a recent Saturday night, and a state regulator cited "insider fraud and abuse" after Enloe was closed.

The Michigan-based institution is one of a handful of credit unions that have bought or announced deals to acquire banks over the last two years.

China UnionPay is assembling the relationships it needs to directly issue cards in Europe, but local saturation suggests UnionPay’s best bet is to use European merchant relationships to counter its own domestic rivals in China rather than disrupting Visa and Mastercard.

The Federal Communications Commission is expected to consider changes that would allow consumers to block calls from numbers not on their contacts list while the House should vote to extend the National Flood Insurance Program.

Lori Bettinger is one of the organizers of NXG Bank, which has applied to open in Columbia, Md.

Regulators closed The Enloe State Bank in Texas late Friday, marking the first failure in 17 months and the first in the Lone Star State in over five years.

While Noah Bank’s CEO has been accused of self-dealing in connection with SBA loans, its chairman says the directors had a succession plan ready to go and are rallying to rescue the bank’s reputation.

Embers Credit Union and Upper Michigan Community CU will open their doors as a merged institution on June 3, nearly a year after members voted to approve the deal.