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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.

Amazon customers in Japan can now charge purchases to their mobile phone bill through a new deal with Bango.

Iowa Governor Kim Reynolds has announced Kim Averill as the new head of the Iowa Division of Credit Unions, replacing retiring JoAnn Johnson.

The Montana company has agreed to buy Columbine Capital in a deal that will add five branches and $330 million in loans in Colorado.

Android Pay achieved a broad and rather sudden rollout in Canada this week when the nation’s domestic debit network, Interac, announced its support for the mobile payment service days after Google officially launched Android Pay there.

he $640 million credit union is conducting a nationwide search for a successor to John Walling, who will retire July 31.

Stilwell Group, which has been pressuring the Ohio company to sell itself, fell 36,000 votes shy of taking a board seat.

A controversial bank merger in Kansas City is likely to catch the eyes of credit union watchers as NCUA considers new rulemaking surrounding disclosures of incentives offered to board members and executives at merging CUs.