Rep. Patrick McHenry, R-N.C., plans to reintroduce legislation requiring the IRS to fast-track income verification, which proponents say could reduce the financial industry's dependence on credit bureaus.

Washington Federal has pulled its application to buy Anchor Bancorp after regulators flagged issues tied to its BSA systems and processes. The companies said they remain committed to the deal.

The company has agreed to buy Bay Bancorp for $129 million in stock.

Scholarships, workplace honors and other ways credit unions are making a name for themselves in the communities they serve.

The proposal is aimed at a simpler capital regime particularly for community banks, but some industry representatives and regulators themselves questioned whether the plan went far enough.

The identity theft threat created by the Equifax hack and the growth of online lending have given software makers a platform to pitch products that rely on selfies, scans of driver’s licenses and other nontraditional ID methods.

The Indiana company's board knew what it wanted from a potential buyer, and that helped it as it negotiated one of this year's biggest bank deals.

Joseph MarcAurele will retire as chairman and CEO in March. The company's president and chief operating officer, Ned Handy, will take the helm.

The company, which agreed to buy Independence Bancshares, also brought in $25 million by selling common and preferred stock.

The company is looking to raise about $115 million. A portion of the proceeds would help pay for Merchants' pending purchase of Joy State Bank.

Separate apps for banking and PFM are too much for most customers to handle, so the Canadian bank is adding automated advice and savings to mobile banking — and it’s relying on artificial intelligence and predictive analytics to make it all work.

Mark Thompson had previously been a CenterState regional president overseeing the South Florida market.

The accounting firm says only a "very few" clients were affected by the cyberattack; former CEO Mike Cagney's wife, the lender's chief tech officer, is leaving.

Theodora Lau, director of market innovation at AARP, says financial companies and fintechs should consider the over-50 crowd in their app designs.

In a new book, Mehrsa Baradaran argues that the same forces of poverty that African-American banks were supposed to alleviate are now holding them back.

Chemical Financial and Fidelity Southern are the latest banks to curtail auto lending, blaming trends in auto sales and overheated competition.

Credit unions are getting lots of recognition for the good work they do, but they're also making sure to hand out plenty of awards of their own.

Out-of-control email chains, long meetings, haphazard approaches — that was project "management" at Exchange Bank in California. It took five years, but those things have changed.

Acting Comptroller of the Currency Keith Noreika on Monday gave a ringing endorsement to online lenders seeking to expand into banking, suggesting they should consider taking deposits and seek out national bank charters as they mature.

Grand Mountain Bank raised $7 million to help it exit the crisis-era capital program.