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The trade association has teamed up with Retail Benefits to create "CU Perks," a shopping rewards program for CU members in the Pelican State.

Jonathan Oliver succeeds Stephen Stapp, who left SF FCU in 2016 to take the helm at Unitus Community CU in Portland, Ore.

The company will pay about $219 million for Diboll State Bancshares.

This morning it was announced that Fiserv is to acquire UK mobile payments veteran Monitise for 70 million pounds ($88.72 million). This is quite a bargain considering that at its peak, Monitise was valued at around 2 billion pounds. But beyond the firesale price tag, what exactly does Fiserv get out of this?

Due in part to the U.S.'s lackluster adoption of contactless cards, mobile wallets had a slow and difficult time gaining hold among consumers and merchants that were unfamiliar with the tap-and-pay process or didn't have the right technology. The opposite problem plagues Canada, where contactless cards are so widely used that mobile adds little value.

The city has spent more than a decade working with nonprofits and banks to encourage people to open deposit accounts. Outreach and special products have lowered the unbanked rate in San Francisco to 2.1% in 2015 from 5.9% in 2011.

Inflation’s hold on the U.K. consumer is tightening and the economy is suffering as a result.

The company agreed to pay $162 million to buy First South Bancorp in Washington, N.C. It is the fifth time this year that a bank in North Carolina has agreed to be sold to a buyer from another state.

Privately insured credit unions will officially have equal access to the Federal Home Loan Bank system under new final rule.

At the Michigan Credit Union League’s annual conference, PayPal CEO Dan Schulman offered an overview of cyberthreats while praising the movement – an industry he considers a partner, rather than a competitor.

The Illinois company agreed to pay $44 million to buy Guaranty Bank, the biggest institution based in Cedar Rapids, Iowa.

Maine Gov. Paul LePage called out the credit union tax exemption in his veto letter, but was overriden nearly unanimously by both chambers of the state's legislature.

MidSouth Bancorp in Louisiana, which faces a formal order from its regulators, will cut jobs, close branches and slash its dividend as it works to reduce its energy exposure.

Beacon Community Bank aims to become the first bank to open in Charleston, S.C., in a decade.

Alibaba Group Holding Ltd. shares rose the most in almost two-and-a-half years after forecasting sales growth that topped every analyst’s estimate, defying expectations that growth must slow by dint of a decelerating economy and its own sheer scale.

Not only is the uninsured sector growing, but the Bank of Canada is seeing some riskier mortgages within that area as it studies recent disruptions in the market.

The Palmetto State joins Alabama, Florida, Texas and other states to provide greater interstate branching access to members.

BCB Bancorp will pay $20 million for Indus American Bank, a New Jersey institution that focuses on the South Asian-American business community. Indus American lost a total of $2.5 million in 2015 and 2016.

The Louisiana company, which fired its CEO earlier this year, has been paying a hefty dividend on funds it obtained from the Treasury Department in 2011.

Lending and managing money for recording artists and labels can be a profitable niche. But volatile income streams, intellectual property challenges and business model upheaval can trip up the inexperienced.