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First Internet will gain lenders and servicing staff, along with offices in Chicago and Indianapolis, from the deal.
May 21 -
American Bank & Trust opened after organizers raised more than $22.5 million.
May 20 -
Otoe-Missouria Federal Credit Union in Red Rock, Okla., was designated as a low-income institution.
May 20 -
The Bay Area is a booming market with a limited number of smaller banks. The high premium Presidio is receiving from Heritage Commerce might spark more M&A activity.
May 20 -
From data analytics to focusing on a service culture and more, here's a look at how technology is radically remaking lending.
May 20 -
H. Greg McClellan, who has been president and CEO of the Montgomery, Ala.-based institution since 2005, will retire next month.
May 20 -
Banesco USA agreed to buy Brickell more than a year after Banco Espirito tried to sell the Miami bank to a Swiss financier.
May 20 -
Credit Union Trust, a new credit union service organization, has obtained a bank charter that it will use in offering trust and investment-related services.
May 20 -
Two economists speaking during CU Direct's recent Drive conference in Las Vegas offered predictions on how a variety of economic factors could impact credit union auto lending portfolios in the not-too-distant future.
May 20 -
Blue Ridge Bankshares will be based in Charlottesville, Va., after completing its $43 million purchase of Virginia Community Bancshares.
May 20 -
While the European Union positions itself as one common, homogeneous market, the reality is that the European e-commerce market is very diverse with both leaders and laggards.
May 20 -
Two recent campaigns show credit unions can still make an impact with old-school marketing, but some fear too few institutions are utilizing data in ways that can target those messages for maximum effect.
May 20 -
Regulators placed the $3 billion-asset institution into conservatorship less than a year after the New York City-based CU fired President and CEO Kam Wong in the wake of embezzlement charges.
May 17 -
The Illinois bank is buying a bank formed in the 1970s to serve Cuban-Americans.
May 17 -
Vernon Hill's U.K. bank sold $479 million of new stock and issued fresh details about its turnaround efforts. Those included plans to cease its controversial practice of purchasing design and branding services from a business owned by Hill's wife.
May 17 -
Undeterred by setbacks in other cities, a broad coalition of community groups is seizing on popular mistrust of traditional banks to press the case for a city-owned bank.
May 17 -
Kerry Parker plans to retire from the Austin, Texas-based institution next month.
May 17 -
The moves are part of a plan CEO Rajinder Singh discussed in a conversation with American Banker.
May 17 -
Amazon led a Series G funding round worth £475 million (about US$575 million) with three other investors for London-based food delivery company Deliveroo.
May 17 -
The two leagues expect to spend the rest of this year integrating the merger, which will become effective no later than Jan. 1.
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