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Selling $1.6 billion in mortgages, and paying off a similar amount of wholesale borrowings, will allow the company to expand its net interest margin in 2019.

The three institutions will use a platform from Fiserv to help improve efficiency.

David Rupp was CEO of Four Oaks Fincorp in North Carolina when it sold itself to United Community Banks last year.

Regulators have approved the proposed merger of Big Sky Federal Credit Union into Billings Federal Credit Union.

Old Dominion University Credit Union, which had two branches and about 3,000 members, has merged with Langley.

Financial institutions had used existing banking laws as a shield against broader privacy protections, but a California law enacted this summer could threaten that strategy.

The ubiquity of plastic payment cards makes it hard to imagine a future without them, but Japan’s JCB card network already envisions it.

Stock Yards will remove a competitor in Louisville, Ky., and enter two markets outside of the city.

Banks were reluctant to offer services to an industry that had a hazy legal status. That’s about to change.

The Indiana-based institution has increased its starting pay for the last three years.

Kent Greff is retiring after 39 years in the credit union industry, including leading Mill City for almost two decades.

Recent data from NCUA showed a lot of positives for the industry, but it also revealed some potentially worrisome trends.

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.

The sale should increase Shore's capital levels and allow it to expand its banking activities.

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.

A U.S. District judge in Scranton denied the student lender's motion to dismiss the suit.

Along with a core conversion, the Twin Cities-area credit union deployed new loan origination systems and online and mobile banking platforms.

In the last two years, the Georgia-based institution has returned $25 million to members.

Colony will also gain a loan production office in Atlanta when the transaction closes.

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.