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Raisin is planning to create an online marketplace for high-yield savings accounts and CDs for the U.S., but persuading Americans to save could be a challenge.
May 28 -
More businesses are considering moving away from cash and checks, according to a recent survey by Citizens. That should be a wake-up call to smaller institutions, said Michael Cummins, who oversees treasury solutions at the regional bank.
May 27 -
One credit union economist says tit-for-tat on tariffs could slow economic growth but will not result in an economic downturn.
May 24 -
The president's big loan from, and sizable deposits with, Professional Bank in Boca Raton have raised some eyebrows. But the bank's chairman says it recruits relationship bankers from larger rivals to get just these kinds of customers.
May 24 -
The East Lansing-based credit union plans to open two branches in the Traverse City area, more than three hours north of its headquarters.
May 24 -
Even though the General Data Protection Regulation has put data security and privacy top of mind throughout Europe in its first year, it is not likely the U.S. will see a similar federal mandate anytime soon — if ever.
May 24 -
Payment solutions that lower the cost of electronic payments through exchange rate transparency ultimately improve the buyer’s relationships with their suppliers, writes Nvoicepay's Alyssa Callahan.
May 24
Nvoicepay -
Charges against Stephen Calk indicate he lied to regulators about what he knew when he approved loans to Paul Manafort, as well as his interest in landing a job in the Trump administration.
May 23 -
The California-based institution posted growth in loans but saw net income fall from a year earlier.
May 23 -
The McLean, Va.-based institution said that its capital hit a record $2.5 billion last year.
May 23 -
If cryptocurrency is on its way to becoming a mainstream payment method in the U.K., it will be due to an increased appetite from major card networks for forming alliances with leading cryptocurrency providers.
May 23 -
Chris Lorence, a former marketing official at the Independent Community Bankers of America, is the Credit Union National Association's latest recruit from other financial services trade groups in recent years.
May 22 -
The parent of Ponce Bank has agreed to acquire Mortgage World Bankers.
May 22 -
While regulation and nonbank competition are spooking some banks and credit unions, others believe low funding costs and the right relationships can help them succeed.
May 22 -
There have been six of these transactions announced this year and more are likely as credit unions look for loan and deposit growth.
May 22 -
The community-chartered credit union will now serve nine new counties following two years of reporting 2% or less in membership growth.
May 22 -
Interac is adding Mastercard Send to support a $24.5 billion market for cross-border payments that originate in Canada.
May 22 -
The Alabama-based CU will continue to look for a permanent replacement for longtime CEO, who is retiring in June.
May 22 -
All-electric, zero-emission vehicles make up less than 2% of the market, but a handful of credit unions see an opportunity despite some unusual variables.
May 22 -
Metro Bank had worked to win shareholder support by raising fresh capital and cutting ties with Hill's wife's design firm.
May 21






















