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Recent data from NCUA showed a lot of positives for the industry, but it also revealed some potentially worrisome trends.
December 18 -
Royal Bank of Canada's investment-banking division will advise on stock sales and arranging takeovers for companies in the marijuana industry, joining Bank of Montreal's BMO Capital Markets in serving an industry that didn't exist five years ago.
December 18 -
The sale should increase Shore's capital levels and allow it to expand its banking activities.
December 18 -
TransferMate, a cross-border B2B payments provider based in Ireland, has announced plans to buy Devisenwerk, a Swiss foreign exchange firm, to expand its capabilities and geographic reach.
December 18 -
A U.S. District judge in Scranton denied the student lender's motion to dismiss the suit.
December 18 -
Along with a core conversion, the Twin Cities-area credit union deployed new loan origination systems and online and mobile banking platforms.
December 18 -
In the last two years, the Georgia-based institution has returned $25 million to members.
December 18 -
Colony will also gain a loan production office in Atlanta when the transaction closes.
December 18 -
The two institutions had to change their names after a law passed in the Hawkeye State that forbid CUs from using a state university in their names.
December 18 -
With control of the House changing hands in January, credit unions are set to shift their focus from regulatory relief to cybersecurity and fighting CRA.
December 18 -
Neither Amazon nor Starbucks could be described as a traditional retailer. But they both use their shared headquarters city as a playground for developing digital and in-store innovations that all merchants and payment companies will have to respond to the years ahead.
December 18 -
David Araujo, who served as an executive at Digital Federal Credit Union, will join the Portsmouth, N.H.-based institution next month.
December 17 -
PayPay, a mobile payments company backed by SoftBank Group Corp., Yahoo Japan Corp. and India’s largest digital-payments company Paytm, said it’s updating its app to strengthen security after multiple complaints from users of wrongful charges.
December 17 -
In a rare move, Maryland Financial is voluntarily liquidating after its customer base shrank and efforts to sell itself failed.
December 17 -
Ameris has agreed to pay $751 million for Atlanta-based Fidelity; the combined company would have $16 billion in assets.
December 17 -
The Minnesota-based institution expects to $10,000 per month by switching its core systems.
December 17 -
Two institutions in Virginia and one in Washington state have named new leadership amid a wave of expected CEO retirements.
December 17 -
Chicago Deferred Exchange, which helps clients defer tax hits from property sales, had about $1 billion in deposit flows this year.
December 17 -
The Albany, N.Y., institution has made millions of dollars in mortgages through a program launched in July meant for those who do good in the world.
December 17 -
David Fearing will take over at Accolade Asset/Liability Advisory Services as Joe Ghammashi retires.
December 14

















