Location Root Tag

The Kalamazoo, Mich.-based credit union is the latest to celebrate a major asset milestone.

A group of rival trade associations have put aside their differences and come together to emphasize to Congress the need for increased standards for retailers.

In the months since President Trump’s America First policies forced China's Ant Financial to abandon a proposed deal to buy Dallas-based MoneyGram, the U.S. company has forged other key partnerships to build a global digital remittance network.

Despite continued industry consolidation, the company still expects to have at least 10 chances each year to buy another bank.

In a win for bankers, a new state law is forcing major changes at two Iowa credit unions – and analysts say CUs in other states could face the same fate.

Greater Christ Baptist Church Credit Union had assets of just $608,000, and saw mounting losses during each of the last three years.

The Las Vegas-based credit union posted yet another positive quarter with $2.55 million in net income in Q2.

The U.K.’s Food Standard Agency completed its first successful blockchain pilot this month, with plans to expand the test in August.

At least six groups are exploring opening new banks in the state, which is enjoying an economic recovery and has a dearth of local financial institutions.

Colony Bankcorp has recruited two executives in addition to buying a branch and a vacant lot from Planters First Bank.

TransferMate, a cross-border B2B payments service, has received a $25 million investment from ING Group N.V. to accelerate its global expansion.

Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis.

JetStream FCU’s Jeanne Kucey says her greatest goal as NAFCU board chair is regulatory relief for credit unions, and she'll do whatever she can to achieve that in the year ahead.

The French company's stake in First Hawaiian will fall to about a third after the secondary offer is completed, and First Hawaiian will buy some of the shares.

Credit Union Trust is targeting a Q1 2019 opening, pending regulatory approval.

Airborne drone delivery is becoming e-commerce's version of self-driving cars: A promising but troubled technology that's nonetheless creating opportunities to change the way people make payments.

The industry continues to push for leniency as the clock ticks toward adoption of the drastic change to how banks account for expected loan losses.

With values on multifamily properties soaring, some building owners are using aggressive tactics to push out existing tenants to make room for higher-earning ones. That’s raising questions about whether their lenders are abetting this behavior.

The credit union plans to retain all employees of Oculina Bank, whose CEO says the merger will allow Oculina branches to provide more products and services.

The $1.1 billion credit union is set to acquire the $350 million Oculina Bank, subject to regulatory approval.