Americas

Some lenders, especially in markets like California, are preparing in case of a technology-industry stumble that hurts business, real estate and other loan segments. Whether those fears are well founded is a matter of debate.

Incenta Federal Credit Union in Englewood, Ohio, will merge into Pathways Financial in Columbus next week.

James Mears has served as COO of the Newport News, Va.-based institution for 15 years.

The deal between Performance Trust and Banks Street Partners is the second combination this month of investment banks that cater to commercial banks.

The Tacoma, Wash.-based Sound touted the deal as the first time a credit union bought a bank in the state of Washington.

Getting the right product at the right time to the right member has become the mantra.

Karen Duffy, the veteran leader of the Massachusetts-based CU, will retire on Aug. 31.

Low unemployment and the promise of millions of new jobs have some in the industry seeing a chance to increase membership and lending in the Lone Star State.

Alex Sanchez acknowledges that the U.S. has a lot of banks and many failed in the crisis, but he says a healthy economy needs a fresh supply of community lenders to nurture entrepreneurs.

Fleet card and virtual card technology provider WEX plans to acquire the Go Fuel Card business from fuel station and convenience store retailer EG Card.