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The Austin-based credit union serves seven counties in Central Texas.
August 10 -
The U.S. companies agreed to reduce the average annual interchange rate in Canada by 10 basis points to 1.4 percent on cardThe new rate takes effect in 2020 and runs for five years. The government estimated that small and medium-sized businesses could save C$25,000 over the period.
August 10 -
Huntington Bancshares is acquiring Hutchinson Shockey as both look to broaden their public finance reach.
August 9 -
The Chicago-based Hutchinson, Shockey, Erley & Co. focuses exclusively on municipal securities.
August 9 -
The proposed Piermont Bank would be based in Midtown Manhattan. It is the second de novo being planned in New York.
August 9 -
While the looming loan-loss accounting standard has been criticized for its complexity and the potential cost to implement, some advocates believe it could also lead to better pricing decisions and improve communication within a bank.
August 9 -
A mortgage fraud scheme involving fake employment records, initially thought to be contained to Southern California, is occurring statewide, Fannie Mae said in a new fraud alert.
August 9 -
The acquisition is further evidence that Paytm is continuing to diversify from being just a payments app and into more of social media app with a payments capability.
August 9 -
The tiny Illinois-based credit union was supported by CUNA and the Illinois CU League, who partnered to file a joint amicus brief.
August 9 -
The Massachusetts-based CU says membership growth has accelerated to 7.4 percent.
August 9 -
After a slow start, order-ahead payment services will begin to achieve more widespread adoption in U.K. corporate catering, encouraging the transition to the high street in the near future.
August 9 -
Gateway Mortgage's owners plan to merge the mortgage lender into Farmers Exchange Bank.
August 8 -
While most acquirers are content to let cost savings trickle down to the bottom line, WSFS will use the purchase of Beneficial to reinvent itself.
August 8 -
The Ohio special election is the latest sign that Democrats are well positioned to retake the House in midterm elections this fall.
August 8
American Banker -
Earlier this year, the Central Bank of Ireland announced plans to launch a fintech innovation hub, with the intention of engaging with all firms that are delivering innovation across the financial services sector, says Billy Hanley, senior development adviser for Enterprise Ireland.
August 8
Enterprise Ireland -
The Delaware company plans to reinvest savings from the $1.5 billion acquisition to upgrade technology and delivery channels.
August 8 -
In alleging former CEO Alan Kaufman breached his fiduciary duties to the NYC-based credit union, NCUA is seeking penalties of $4.5 million.
August 7 -
The marketplace lender recorded an impairment charge tied to the acquisition of a specialty lending business and is still being hit with costs stemming from the scandal that toppled its previous CEO.
August 7 -
A new feature at recent CU Leadership Convention included advice on attracting millennials, the power of stories and more.
August 7 -
N.B.C. Bancshares' deal for Bank of Cushing will give it two branches an hour outside of Tulsa.
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