MUFG Union Bank is launching PurePoint Financial, a largely online savings bank that will still offer opportunities for face-to-face interaction.

Retailers are prepared to go to the mat to defend the Durbin Amendment on swipe fees; tech firms who sought to displace big banks now sell their wares to them.

The prepaid card issuer has been striving to overcome the setback it suffered from the discontinuation of a popular product in 2015.

The insurance company, facing regulatory scrutiny and lawsuits over a former sales relationship with Wells Fargo, said it may press its partner to cover costs after halting the sales.

Keeping youngsters off of drugs, big winners in the coloring contest and other ways credit unions are reaching out and making a difference in the communities they serve.

The move will more than double the size of Eldorado's branch network, while allowing MidCountry to exit the market.

The newest reputational threat has nothing to do with violations of regulations or ethical norms, but rather with the extreme polarization and activism spreading through the country.

The U.K. challenger bank will reportedly bring the singer on as a brand ambassador, with an option to acquire a stake in the company.

Tala, based in Santa Monica, Calif., makes its loan decisions after analyzing data on the mobile phones of users in Kenya and the Philippines.

The temptation for banks these days is to digitize as much as possible, but that generally results in spending a lot and doing nothing really well. Picking one of these three business models can help banks choose technology best suited to add value and thus get the most bang for their buck.

With U.S. Bancorp's leadership transition underway, the big question is whether it will deliver faster earnings growth — the one shareholder demand that has proven elusive.

Fearful banks hesitate on core conversions they need. But what's more risky? Keeping legacy technology? Or finally replacing it?

Attendees at an American Bankers Association conference believe a massive overhaul of banking regulations is unlikely.

Wells Fargo has fired its consumer credit solutions head and three other senior managers for actions related to a scandal involving employees creating fraudulent customer accounts.

In addition to transforming Columbia Banking System and navigating it through the financial crisis, Dressel was an industry leader.

The number of new checking accounts at the embattled Wells Fargo fell by double digits year over year, and account closures remained brisk. Yet the figures on credit card applications were worse.

CUs celebrate the music of Harry Potter, real estate lending landmarks, and the credit union difference.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

RI’s State Treasurer will open deposit accounts with local CUs and banks.

After recording a $35.9 million quarterly loss, the online small-business lender said that it plans to reduce its annual expenses by $20 million, cut 11% of its staff and more than double its loan-loss provision from a year earlier.