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Cochran is putting the cap on a career of more than 40 years that includes helping create Louisiana's CU Cooperative Branching Network and serving as the first female chair of the World Council of Credit Unions.

The combined institution has assets of more than $1.3 billion and serves more than 120,000 members.

Doug Bowers said the company has moved beyond past issues, including corporate governance shortcomings and the abrupt departure of his predecessor, and is ready to bring in more loans and core deposits.

Rising taxes, declining population and the political landscape in Illinois have led several bankers to put more money and resources into nearby states.

One of the critical unanswered questions early in the Single Euro Payments Area process and the new Payment Services Directive in Europe was whether banks would pony up for needed technology upgrades.

Royal Bank of Canada has updated its mobile app to enable personal banking users to ask Siri to pay their bills on iPhone and iPad.

Lakes Area FCU is merging into Members Cooperative CU following heavy losses over the last 18 months.

Banks may need to find $30 billion to $50 billion of additional capital to support new European units in the aftermath of a hard Brexit, and some smaller firms may abandon their operations on the Continent altogether as profitability plunges, according to Oliver Wyman Inc.

The company said that Dennis Shaffer, its president, will succeed James Miller at the end of this year.

The company agreed to buy County First Bank in a cash-and-stock transaction.

Hood has worked at CU near Niagara Falls since being hired as its bookkeeper in 1983.

In the next phase of India’s push to diminish the country’s heavy reliance on cash, the Reserve Bank of India has approved the rollout of a national electronic bill-payment system.

With the move, the Mississippi bank would no longer be regulated by the Federal Reserve. The decision comes after the bank struggled with Bank Secrecy Act and Community Reinvestment Act compliance.

Next month, India Prime Minister Narendra Modi’s government will begin amassing a warehouse of virtual information collected not just from traditional sources like banks but also from social media sites, as it looks to match residents’ spending patterns with income declarations, said people familiar with the matter.

At least one winner has emerged from India’s crackdown on so-called black money: the country’s richest banker.

Starbucks has hit a mobile payments milestone, with 30% of all U.S. transactions now coming through mobile, and to smooth operations surrounding its popular Mobile Order & Pay service, the company is introducing digital-ordering specialists at its busiest stores.

The New Jersey company reported lower quarterly profit that included professional fees tied to addressing an informal order from regulators.

Southwest Bancorp, frustrated with a lethargic stock price, opted to find a buyer last summer. It was holding talks with Simmons First when the post-election run-up in bank stocks gave its shares an unexpected lift. Did it do the right thing by proceeding?

Children also will receive school supplies, financial literacy resources.

After its CEO struggled with the college planning process for her daughter, a new in-house team was established at CommunityAmerica CU to assist members with everything from choosing a school to deciding how to pay for it.