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The Pittsburgh bank opted to give more than half of its employees $2,000 pay hikes instead of the bonuses handed out by many rivals.
May 7 -
The Saver's Sweepstakes program was developed with the help of the Minnesota Credit Union Network, which runs a similar initiative.
May 7 -
Auto lenders would be well advised to keep up their guard as states — particularly blue ones — take steps of their own to crack down on what they see as abusive practices.
May 7 -
The bank and European air carriers are hoping to cut into air fare payment fees that are as high as $8 billion per year.
May 7 -
Iowa lawmakers have reached a compromise on tax reform that preserves credit unions' tax status in the Hawkeye State.
May 6 -
The Minnesota CU is now part of a nearly $800 million-asset institution and will increase the number of products and services available to members.
May 4 -
Preferred Bank's experience with an apartment developer is a reminder of how important strict underwriting terms will be as loan demand increases, rates rise and lenders try to outdo each other.
May 4 -
Amazon and Walmart are battling to build an e-commerce presence in India, making Flipkart a key target for an aquisition.
May 4 -
Attorneys for then-President Robert Harra said he is innocent and will file an appeal. The case centers on a scheme said to have been carried out during the crisis years, before the bank was sold to M&T.
May 3 -
The northern Virginia company will also gain more branches around Washington as part of the $33 million deal.
May 3 -
The $65 million-asset credit union earned the 2018 Growth and Progress Award from the Credit Union Association of the Dakotas for exceeding the state's average across a variety of growth metrics.
May 3 -
A longtime Disney employee shares lessons on how the legendary company empowers employees, who in turn provide a great experience that builds loyalty.
May 3 -
A New Jersey community bank has launched a campaign that takes digs at the megabank while highlighting its own values. Should others follow its lead?
May 3American Banker Magazine -
Ulster Bank customers in the Republic of Ireland were left fuming as a second problem with the bank’s digital systems emerged only a week after the last mess, slowing down payments.
May 3 -
Christopher Bergstrom led Cardinal Financial when it sold itself to United Bankshares in 2017.
May 3 -
Although there's often a tension between regulation and innovation, the sandbox concept can help startups, regulators and incumbent banks better navigate experimental financial technologies.
May 3
FinTech Forge -
Dollar Bank has applied to form a mutual holding company as it nears a key regulatory threshold.
May 2 -
Green Apple Bank & Trust, which recently filed an application with regulators, plans to open in the western part of the state by the end of this year.
May 2 -
The serial acquirer is buying Delaware Place Bank, which is less than 1% of its size.
May 2 -
Amazon is trying to acquire Indian e-commerce giant Flipkart, in part to gain control over that country's e-commerce market and in part to make sure Walmart doesn't get hold of the company.
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