Americas

The Oklahoma company will pay $122 million for a bank with three branches in Dallas.

The institution had considered a merger of equals that was never finalized before deciding to change its name to Elevate Credit Union.

Credit union share of the credit card market is at a record high but there are concerns that this debt could begin to sour if the economy turns.

Investors seem to be betting that a long-rumored sale of the Dallas company is on hold now that it has named a new CEO, but analysts say it remains an attractive takeover target for a larger regional bank.

The Delaware company said newly formed NewLane Finance will use "advanced technologies" to provide expedited financing decisions.

SmartFinancial lined up a compelling merger with Entegra. Then a bigger bank offered more money and a higher premium.

Members of Bard Employees Federal Credit Union approved the merger into Baxter Credit Union earlier this month.

Urbana Postal Credit Union is the latest in a string of closures and rebrandings as CUs chartered to serve post office employees attempt to stay relevant.

The company, which is planning to revamp its organizational structure, has seen a sharp increase in funding costs over the past year.

The Wisconsin Supreme Court upheld a "narrow interpretation" of a state-level consumer-protection law that maintains lenders' rights to collect debts without fear of being sued for damages.