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The Washington-based credit union has set aside $1 million to help members with down payments for mortgages.

Hometown, which agreed to buy Millbury Savings Bank, has already completed one acquisition this year and has another pending.

Metro Bank, the lender founded by U.S. entrepreneur Vernon Hill, plunged to a record low after it disclosed that British regulators are probing how it misclassified assets, an incident that prompted a share sale.

The Seattle company has a letter of intent to sell its home loan centers to Homebridge Financial Services.

The U.K.’s major banks are urging regulators to allow for greater flexibility in processing high-risk transactions, in a bid to tackle ever-rising levels of financial crime.

Ronald Rubin, who was a CFPB enforcement attorney, will head an office overseeing nearly 200 state-chartered banks.

The agency wants to increase the maximum SBA Express loan to $1 million from $350,000 to pump up volume.

German payments company heidelpay has made a series of recent deals to diversify its merchant appeal, including this week's agreement to buy digital point of sale terminal seller Alpha-Cash Payment GmbH.

Mobile payments adoption is patchy, but it's getting a higher profile in social media.

The Exton, Pa.-based institution plans to open new branches in three counties after posting 11 percent growth in loans last year.

Metro Bank, the U.K. challenger bank seeking to fix a shortfall on its balance sheet, said it expects to raise about £350 ($464 million) through selling shares.

Hong Kong's mobile wallet AlipayHK has expanded to enable cross-border payments for the first time in Japan and other regions of the Greater Bay Area.

Credit Union Student Choice's decision to open a management center in Texas follows a similar move by Pentagon Federal Credit Union earlier this year.

Walmart India will partner with the PhonePe network to offer a mobile payment option at Walmart's B2B cash-and-carry stores.

The Badger State's institutions also saw earnings and allowance for loan losses increase.

Alan White, who will step down in April, and Jeremy Ford have served as the company's co-CEOs since September 2016.

Business management software provider Sage will partner with U.K. fintech Modulr to deliver real-time salary and supplier payments to small and medium-size businesses in the country.

Lynn Calvert will lead the institution on an interim basis after Robert E. Dempsey recently passed away.

Members of District 8 Highway Employees CU have approved a proposal to become part of Metro Credit Union.

Governor JB Pritzker has nominated Deborah Hagan as secretary of the state's Department of Financial and Professional Regulation, where her duties would include overseeing state-chartered CUs.