Location Root Tag

Seacoast in Florida slashed the time it took to make 7(a) loans within months after establishing a partnership with an online lending startup.

A first-in-the-nation ballot initiative would give consumers more control over their personal information, but banks and other companies say that it would amount to a tax on doing business in the Golden State.

The company will snag its first branches in three towns in Connecticut and Rhode Island after buying locations from Webster Financial.

James Ayers' stake in the Tennessee company will drop below 50% after a planned stock offering.

The Asian-American bank agreed to buy SWNB Bancorp for $77 million.

This month, Vancouver became the first Canadian city to commercially roll out open transit payments. But the city of Laval actually got a head start on Vancouver with a pilot project that is getting a positive reaction from riders.

The Chicago company will close 19 branches and eliminate 150 jobs, partially reflecting changing customer preferences.

An effort to oust two directors at the Seattle company was nullified after the investor failed to seek the required approval from the bank's state regulator.

Kristin Shultz is set to take the helm from retiring CEO Linda Powell, who is leaving after 16 years at the credit union.

The high multiple Fifth Third is paying for MB Financial raises questions about whether it can cut enough costs, realize enough growth and win over skeptical investors.

Lawmakers can finally deliver long-promised regulatory relief if the House passes S. 2155 this week – the added benefit being that it will improve the lending process for credit unions and consumers alike.

European financial institutions and central banks, along with critical European banking and payments infrastructure providers, face an increasing onslaught from hackers that has prompted two major responses from the EU.

The Nashville company significantly reduced the 2018 earnings projection for its mortgage business.

On the first day of the 2018 CUNA CFO Council conference, futurist Mike Walsh gave credit unions a hint of the world to come from both a consumer and business point of view.

Citizens Bancshares has agreed to buy Regional Bankshares for $11 million.

Development is happening in places besides London and Silicon Valley, and that will give payment companies and financial institutions a wider range of technology solutions and partners, according to Aidan Hayes, senior vice president of financial services and technology for Enterprise Ireland.

The company has also hit its goal of having half of total loans tied to customers around Atlanta.

The company said the move would help it become more efficient at a time when clients are making greater use of digital channels.

CEO James Schenck told attendees at the credit union's 2018 annual meeting that last year saw record growth, including a 10% increase in membership and more.

The nearly $5 billion deal to acquire MB Financial would provide the Cincinnati company with immediate scale in the Windy City.