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The Delray Beach-based credit union entered into the deal as part of a broader expansion push along Florida's Treasure Coast.

Samsung Electronics France is partnering with French card issuer Prepaid Financial Services to allow its line of PCS Mastercard prepaid cards to be loaded onto the Samsung Pay wallet.

The Illinois company will pay about $10 million, and redeem $23.5 million in trust-preferred stock, as part of the deal.

The Massachusetts mutual hired two former bankers from Blue Hills Bancorp, which was recently sold to Independent Bank.

Growth in the KeyStone State was close to or surpassed national averages across a number of fields.

Mendell Thompson, who has led the California-based institution for 33 years, will leave in March 2020.

David Woodruff was the head of Zia Credit Union in Los Alamos, N.M., before taking the job with APL.

Volunteer Income Tax Assistance is reportedly bringing an influx of consumers to credit unions this tax season, but those institutions are hamstrung on the extent to which they can turn that opportunity into new business.

The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel.

Joe Christian, executive vice president of operations, will take the helm at Albuquerque-based Nusenda Credit Union after CEO Terry Laudick stepped down.

Constellation Federal Credit Union has received the OK from members and regulators to merge into $3.4 billion-asset Northwest FCU.

The Los Angeles bank will take a $1.4 million hit to earnings after the multifamily properties sold for less than their book value.

Edward Rostohar was arrested after his wife informed authorities he stole from CBS Employees Federal Credit Union and was preparing to flee the country.

While many Americans and Europeans are comfortable using biometric authentication to access their smartphones and bank accounts, the real leader in biometric adoption for payments is actually the government of India.

Credit unions in Arkansas and Florida argue that allowing the industry to take deposits from cities and other public entities would help with funding and control for risk.

The Clearing House announced moves to attract community banks and credit unions to its real-time payments system. Smaller depositories have generally been reluctant to sign up with what is seen as a large-bank effort.

Mobile technology provider Mahindra Comviva developed a software integration for issuing banks and third-party digital wallet providers to add contactless payment capabilities to their mobile products in India.

Community Bank of the Carolinas must raise about $4 million before becoming the state’s first new bank since the financial crisis.

The pair subject to the regulator's March prohibition orders both pleaded guilty and were ordered to pay more than $320,000 in restitution, among other punishments.

Nathan Saller was tapped to replace President and CEO Michael L’Ecuyer, who is set to retire Oct. 1.