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Facebook Inc. intends to drive a global expansion of mobile payments on WhatsApp from London, accelerating its efforts to make money off the popular messaging service.
May 8
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Bank 34 will no longer sell mortgages in the secondary market as it looks to reduce its reliance on volatile revenue streams.
May 7
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The Mile High City has been disrupted by a number of big bank mergers, which could increase competitive pressures on CUs across the state.
May 7
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Triad Business Bank adds to the list of de novo efforts taking place in the state.
May 7
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Lawmakers from both parties oppose a Small Business Administration proposal to raise guarantee fees. The clash could lead to a halt in operations this fall.
May 7
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The collaboration will include establishing an i3 presence at CU Direct's Irvine, Calif., campus.
May 7
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Sound Bank has new management as part of the transaction. It will also get a new name and expand into higher-growth markets.
May 7
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The credit unions, all of them small institutions, will pay a total of $4,069 in penalties for tardy submission of Q3 2018 all reports.
May 7
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A recent study shows credit unions are likely to be increasingly reliant on vendor partners if they want to maximize efficiency and security in the account-opening process.
May 7
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The Odon, Ind.-based credit union also grew its membership to over 50,000, up more than 9% from a year earlier.
May 6
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The Mile High City has been disrupted by a number of big M&A deals, providing an opening for other banks to benefit.
May 6
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The Maryland company has hired interim CEO Susan Riel to officially take over the post.
May 6
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The California company was issued a consent order after it failed to meet the conditions of a January 2018 informal agreement.
May 6
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The company will record a $2.1 million pretax gain in the second quarter after selling Summit Insurance Services to the Hilb Group.
May 6
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Kathryn Davis will take over later this month following the retirement of CEO Hank Barrett.
May 6
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Banco Bradesco said it will use the acquired bank to expand its investment offerings in the United States.
May 6
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Tandem Bank has approval from the Georgia Department of Banking and Finance as its aims to become the state's first new bank since the financial crisis.
May 4
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Community banks in the state have struggled to attract the funds to meet surging loan demand, but that could change now that a new law has made it easier for them to accept government deposits.
May 3
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Las Vegas-based institution said its first-quarter net income was down about 21% from a year earlier.
May 3
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MidFlorida Credit Union has agreed to buy the $730 million-asset Community Bank & Trust of Florida in Ocala.
May 3
