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Richard Marotta, who became Berkshire Hills' CEO after his predecessor's abrupt resignation, says his top priorities are squeezing more profit from existing operations and improving corporate culture.
February 22 -
The Indiana company will pay $68 million for Citizens First.
February 22 -
Todd Harper and Rodney Hood's nominations to the National Credit Union Administration board are not expected to face significant opposition.
February 22 -
Lloyds is paying small merchants to offer cash back, but consumer groups are already casting the move as inadequate to address the decline of branches and ATMs in the U.K.
February 22 -
The company will close a dozen branches, including eight in Colorado.
February 21 -
Immigration restrictions are a threat to London’s status as a fintech hub, enough for Revolut CEO Nikolay Storonsky to demand the U.K.’s government take special steps to prevent the technology talent from going elsewhere.
February 21 -
The Janesville, Wis.-based institution is set to move into a new downtown location in 2021.
February 21 -
The company disclosed that it paid $146 million for servicing rights associated with $13 billion in mortgages.
February 21 -
Bankers are eager to expand there through M&A, de novos or other means, encouraged by strong employment and disruption created by recent consolidation.
February 21 -
The all-in-one card market has been a dead end for many years, with products like Coin, Swyp, Stratos and Plastc doomed to be mere footnotes in the history of fintech. Curve is determined to avoid the same fate, and it says PSD2 is its ticket to success.
February 21 -
The Hermantown, Minn.-based institution has added two new counties in Minnesota that it can now serve.
February 20 -
California-based CuVantis aims to change the model for how credit unions offer financial planning by offering non-commissioned services to members.
February 20 -
Payments Canada, which provides clearing and settlements, has hired payments infrastructure firm SIA as the application provider for Lynx, its new high-value payments system.
February 20 -
Credit card issuers would have to set aside more in reserves because of higher loss histories, according to research by Keefe, Bruyette & Woods on the impact of the new loan-loss standard.
February 20 -
The Michigan-based institution also awarded $315,000 in bonus reward points to members who use the CU's credit card.
February 20 -
Fairwinds Credit Union in Orlando is set to buy Friends Bank, the third time this year a Florida-based bank has agreed to sell to a credit union.
February 20 -
The Illinois company will pay $46 million for a bank that is a fraction of its size.
February 20 -
Fairwinds Credit Union's deal for Friends Bank marks the third time this year that a Florida bank has agreed to be sold to a credit union.
February 20 -
The national awareness initiative has broadened its rollout to the Carolinas after launching in Minnesota earlier this year.
February 20 -
Furniture retailers typically split payment for big-ticket items with a deposit and the balance due upon delivery, but the process is usually fraught with paperwork, security and efficiency gaps.
February 19























