Location Root Tag

University Bancorp gained a number of offices from Huron Valley Financial. It also hired lenders and staff with experience in reverse mortgages and wholesale lending.

Members of Credit Union South, which has lost money during the past five years, voted to approve the merger.

State law bars credit unions from accepting deposits from cities, counties and other government entities. Florida banks say it should stay that way unless tax advantages for credit unions are removed, but credit unions counter that banks are trying to stifle competition.

Alan Bergstrom previously served as chief marketing officer for a Wisconsin credit union before taking over at Exclamation Services.

Rising waters in the Cornhusker State have already caused in excess of $1 billion in damages.

Despite some significant advancements in the past two years, rifts are already developing in the U.S. move to faster payments.

Trying to keep pace with big banks that digitize as many processes as possible will undercut community banks’ strengths, according to speakers at this year’s ICBA convention.

The credit union saw a 50 percent increase in mortgage originations, which helped spur a significant spike in net income last year.

Credit union clients of CMS will be able to make securities transactions without commissions.

Paul, one of American Banker's Community Bankers of the Year in 2012, made Eagle a formidable Washington-area institution.

Direct lenders are gearing up for more business in the U.K. as they see banks shrinking their sterling corporate loan books in the wake of Brexit-linked volatility and slower economic growth.

There is a growing proliferation of social P2P technologies within the U.K. banking sector, but the market for such payments is vastly different from that in the U.S., where social payment apps have found a welcoming audience.

Credit unions clinging to an outdated name that no longer reflects the institution's current field of membership could be doing themselves more harm than good, experts say. But it's a fine line between honoring the past and preparing for tomorrow.

First Bank is removing a competitor by agreeing to acquire Grand Bank for $19 million.

New legislation in the Mountain State could clear the way for credit unions to accept funds legal pot shops' license fees.

The $1.2 billion-asset institution has issued rewards payouts for nearly 40 years, but returns have gone down in each of the last few years.

Legislation banning shops from refusing to accept cash has moved swiftly this year. But this trend is running head-on against retail models like Amazon Go, which are built from the ground up to operate without cash.

Mechanics Bank was close to buying Rabobank's U.S. unit last year, but pressed pause when the seller ran into serious legal troubles.

Until recently, biometric ATMs were very hard to find in developed markets other than Brazil, India and Japan.

Christopher Becker will succeed Michael Vittorio in January.