The company will pay $42 million for Oak Park River Forest Bancshares.

In honor of International Credit Union Day, here's CU Journal's annual look at the everyday occurrences – both routine and meaningful – that bring "the credit union difference" to life.

David Reed, a Republican, is stepping down as a state legislator after redistricting cost him a shot at a congressional seat.

Banks should work to shield some customers who may otherwise be flagged or blocked by AI-powered safeguards, and consider using alternative data to expand services to the underbanked.

Executives are reluctant to pull back on their big investments in technology, arguing they must stay competitive and that they have flexibility in other areas to trim costs if growth begins to stagnate.

Bigger banks appear to be losing C&I share to small and midsize lenders. That's raising questions about whether community banks — known more for commercial real estate lending — have enough expertise to underwrite deals that larger banks avoid.

The Minneapolis company, which reported strong profits but 1% loan growth, is hiring middle-market bankers in New York and launching a digital lending platform aimed at small businesses.

Many bankers say the agency needs to rethink its definition of brokered deposits and how it sets interest rate caps.

Many community banks face the same challenges that drove AJS Bancorp to become a seller, but few if any would go to the lengths that it did to seek a buyer.

Neither the prepaid issuer nor its bank partner can say when cardholders — many living paycheck to paycheck — will receive their funds.

As financial institutions struggle to regain public trust, they need to find more systematic ways to gauge how their work impacts consumers and communities.

The central bank found that the increase in noncash payments fraud from 2012 to 2015 was still just a small fraction of overall payments.

The Dallas bank has picked a bad time to shift from cost-cutting to expansion as big banks are in a commercial lending funk.

The San Antonio bank will refer customers seeking small-business loans to StreetShares, a financial startup that is similarly focused on serving veterans of the U.S. military.

Parents with small children often don’t know about college savings accounts, according to U-Nest founder Ksenia Yudin.

BankMobile will remain part of Customers for at least two years after regulatory snags derailed a plan to transfer the unit to a Florida bank.

ODX will pursue deals with banks that want to use the New York lender’s technology to offer online small-business loans.

Banks looking to build online-only affiliates to turbocharge deposit-gathering can expect intense competition and heightened regulatory scrutiny.