Americas

The company agreed to pay $41 million for Victory Community Bank.

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

The Small Business Administration has told lawmakers it can reinvigorate its streamlined guarantee program by nearly tripling the maximum loan size. So far, Congress has been mum on the idea.

The New York-based institution has returned more than $8 million to members since 2003.

David Becker, who founded First Internet Bank two decades ago, says traditional banks' digital-only ventures are only making his bank look more mainstream.

Membership was previously only available to consumers in five counties.

The $7.6 million-asset shop is the latest postal credit union to be absorbed by a larger institution.

The company hired two bankers from CIBC to lead the newly formed group.

The company claims that its biggest investors is taking steps to seize control, oust the board and find a buyer.

Collins Community Credit Union has agreed to buy First Savanna Savings Bank.