Location Root Tag

A new cap on credit-card transaction fees that comes into force on July 1 means there’ll be less revenue available to fund lavish award programs.

Square Inc. has just scored its oldest customer ever — a 1,200-year-old Buddhist temple in central Japan.

The New Orleans company, which recently sold nine branches and $1.3 billion in loans, was ordered to raise more capital or find a buyer.

First Busey will pay $133 million in cash and stock for Mid Illinois in a deal that should close later this year.

League representing Florida and Alabama credit unions will pay out more than $200,000 in dues rebates, bringing the grand total returned to members in recent years to more than $1.4 million.

Farmers National will pay about $7.8 million in cash and stock for the $43.3 million-asset Monitor in a deal that should close in the second or third quarter.

State Bank of Texas, which bought the failed Seaway Bank in January, is selling nine branches to Self-Help Credit Union.

First Florida Credit Union is touting a banner year in 2016 and says plans are underway for an even better 2017.

Pinnacle Financial wanted to be in high-growth markets. BNC Bancorp saw more regulatory burden looming and limited opportunities to sell itself. Those factors spurred what is currently the year's second-biggest bank deal.

The two institutions will operate under the Community Choice CU banner.

Ever since Apple opened its Siri voice assistant to outside developers late last year, payment companies have been experimenting with the potential of voice-controlled payments. Here's a look at what some of the early adopters have already accomplished.

The mutual's conversion could bring in up to $22.5 million in proceeds.

After sponsoring the Poinsettia Bowl for 12 years, SDCCU will hang its name on bowl game with four decades of history.

TriMet, the regional transportation system based in Portland, Ore., recently began a test of a reloadable fare system and later this year it will add Near Field Communication-based payments via bank cards and smartphones to its pilot.

Koger Propst was also named CEO of the company's $2.6 billion-asset ANB Bank.

Investar will pay $46 million in cash for Citizens, which has three branches and $246 million in assets.

Joseph Greco previously served as CEO of Southern Connecticut Bancorp, which sold itself to Liberty Bank in 2013.

The company also seems to be shifting the narrative to operational performance after addressing claims of questionable insider dealings.

Johnson Bank in Racine, Wis., has hired the head of JPMorgan Chase’s Wisconsin-Minnesota market as its president.

The New York bank will double in size while gaining greater access to Long Island and low-cost deposits that should come in handy as interest rates rise.