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The Springfield, Virginia, credit union named Scott Benson, its chief operating officer, to succeed Lynette Smith as chief executive.
May 18 -
The Department of Financial Protection and Innovation has tapped Christina Tetreault as the head of the newly created Office of Financial Technology and Innovation.
May 17 -
American State would be the largest bank buyout for Equity, which has acquired 17 banks since 2003.
May 17 -
Dean Marchessault will be succeeded by Senior Vice President Howard Brady at the East Hartford, Connecticut, credit union.
May 17 -
The legislation would bar firms that receive government contracts from discriminating against firearms companies. Smaller banks have quietly dropped their opposition in hopes of gaining more municipal bond business.
May 17 -
The Facebook-affiliated stablecoin's move from Switzerland brings it to a country where regulators are familiar with crypto and rival currencies have already debuted.
May 14 -
Government digital currency projects have the potential to displace banks and fintechs from the payment process. But three major participants — Accenture, Ant Group and Swift — argue that incumbents have a role to play.
May 13 -
The company, which operates private-label and cobranded credit card and loyalty programs, plans to spin off its loyalty operations this year to improve ADS' financial performance.
May 12 -
The Denver company, which has branches in El Paso, will gain more locations in cities such as Dallas and Austin with the pending purchase.
May 12 -
Lindy Andry has been Ascentra Credit Union's interim president and CEO since November.
May 11