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Valley National will reinvent itself as Vast Bank over the next few months. The move is part of an effort to attract younger customers.
January 18 -
A spike in charge-offs in the third quarter stoked concerns about commercial real estate exposure. Shares in the Arkansas company rose after it reported its fourth-quarter results.
January 18 -
Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer.
January 18 -
Executives at Key pushed back against doubts over a deal for Laurel Road Bank’s digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes.
January 17 -
John Milleson, who has led the company for 20 years, will retire after his successor is in place.
January 17 -
The North Carolina regional closed dozens of branches and cut jobs across the company, directing a chunk of the savings to digital banking initiatives.
January 17 -
Digital banking and payments provider PrePay Solutions is partnering with PayQuicker to help with currency conversions in payroll management programs globally, and to expand PayQuicker's capabilities for its clients' international workers.
January 17 -
The online platform, created by Laurel Road Bank in 2013, allows users to refinance student loans and originate mortgages.
January 17 -
The Indiana-based institution's distribution for 2018 was up more than 60 percent from the previous year.
January 17 -
Scott Rose, who will join the Texas institution in February, has worked in the credit union industry for more than 25 years.
January 17 -
Farm Service Agency staff will have three days to work on existing loan applications and provide tax documents for existing loans.
January 17 -
The parent of Bell Bank said that the pending sale of Discovery Benefits is not a prelude to selling its bank.
January 17 -
A number of healthy credit unions have undertaken “mergers of equals” to bolster long-term prospects. But those institutions are opening themselves up to unique risks and challenges as a result.
January 17 -
The Montana company will more than double its assets in Utah when it buys FNB Bancorp.
January 17 -
For the U.S. to move forward, education will be required to teach users how to utilize new technology to manage their finances, says Katy Gibson, vice president of product applications at Envestnet Yodlee.
January 17
Envestnet Yodlee -
The Iowa company will pay $94 million for a bank with five branches and $727 million in loans.
January 16 -
The company recently agreed to be sold to SmartFinancial in Knoxville, Tenn.
January 16 -
PNC chief Bill Demchak says he's pretty sure the U.S. isn’t heading into recession, but asset quality is so strong that the regional bank is giving itself a wide berth in forecasting its loan-loss provision in case of the unexpected.
January 16 -
Kerry Parker, the Austin, Texas-based credit union's current CEO, expects to retire around midyear.
January 16 -
Bank of America CEO Brian Moynihan and his fellow executives said they see nothing to suggest a slowdown is imminent. Their outlook was far more upbeat than that of JPMorgan chief Jamie Dimon.
January 16





















