Americas

Christopher Maher, who has announced seven bank deals since 2015, says a stable rate outlook will help buyers and sellers crunch merger numbers.

The industry's dominant growth strategy of 2019 was a hot topic during a House Financial Services Committee hearing.

The Mechanicsburg, Pa.-based credit union has revamped its financial literacy offerings to align with in-school curricula on the topic developed by the Pennsylvania Department of Education.

Apollo Bank's agreement to be sold to a credit union has bankers worried there will be larger such sales in 2020.

Craig Howie, who joined the bank after a merger, will succeed the retiring Jon Evans on Jan. 1.

Concerns over surviving another recession coupled with issues such as keeping up with technology could cause more credit unions to find partners.

The chairman of the National Credit Union Administration will have to answer lawmakers' questions about his political activities, while comments on various agency proposals are also due this week.

In some ways, the moves are natural for tech startups with financial ambitions. Despite the growing success of fintech upstarts hailing from San Francisco, Wall Street institutions remain on top of the financial world.

The company will enter three counties in its home state after it buys Roselle.

PiNG Bank, which would be based in Jersey City, is being proposed by former bankers at Cross River Bank, Citigroup and Bogota Savings Bank.