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The CEO of Iowa's largest credit union suspects a rider attached to a budget bill before the state's legislature was inserted to "placate bankers" after the recent failure of a move to tax CUs there.
May 18 -
The Wisconsin Bankers Association is rejecting a National Credit Union Administration ruling that the Federal Credit Union Act preempts a pair of state banking statutes.
May 18 -
While working with new fintechs carries some risk, it can also provide community banks with an affordable way to upgrade products and technology.
May 18 -
Blockchain's potential for revolutionizing the world’s payment systems has captured the imagination in recent years, and last month Santander became the U.K.'s first bank to use the technology to create a new international payments service.
May 18 -
Businesses are already entering partnerships with some of the biggest players in the Chinese payments market, such as AliPay, and WeChat Pay, with the goal of offering tourists the ease of payments that they are accustomed to, writes Igal Rotem, CEO of Credorax.
May 18
Credorax -
Michael Fitzgerald, who was selected to lead United Bank, was CEO of Bank of Georgetown for 11 years before it was sold to United.
May 18 -
Call it mutual respect. Bankers from mutually owned British building societies and similarly structured U.S. thrifts recently gathered in New England to address common challenges and share ideas about staying relevant at a time of rapid change in financial services. Here are the takeaways from their meetings.
May 18 -
The Iowa company said that Bruce Lee will take over its top post next month.
May 18 -
In a letter responding to a request for clairty from the Wisconsin Credit Union League, the federal regulator expanded its preemption to include state-chartered, federally insured CUs.
May 18 -
In letting the community suggest new names, can Red River Mill Employees FCU avoid the “Boaty McBoatface” problem?
May 18 -
Total loans at Old Dominion National Bank have tripled since 2016.
May 17 -
PayPal has agreed to acquire iZettle—often called the Square of Europe—in a move that could blunt Square’s prospects in key markets.
May 17 -
Robert Witty started at the Ithaca, N.Y.-based credit union in 1969, working his way up to CEO in 1984. He retired in 2010.
May 17 -
Watermark Bank would focus on business banking and entrepreneurs, with technology and concierge services designed to target those customers.
May 17 -
When potential sellers are skittish, a merger pitch from a peer who’s been through it can make the difference.
May 17 -
Behavioral data about Hispanics’ use of digital payments is scarce, but the sector as a whole spends more than $1.4 trillion annually and its population growth rate significantly outpaces the mainstream, based on U.S. Census Bureau data.
May 17 -
The credit union service organization now offers real estate services to a dozen CUs in Florida.
May 17 -
KS Bancorp is buying back all the shares that First Citizens acquired in an effort to take over the much smaller bank.
May 16 -
The company agreed to buy the parent of First National Bank of Crossett for about $13 million.
May 16 -
The most common credit union mergers involve a small credit union being acquired by a much larger one, but that could be changing, as three recent deals involving credit unions with more than $300 million in assets as the ones being merged out.
May 16





















