Americas

It is important that all parties involved in construction projects not only be aware of these regulation updates and how they will impact their projects, but also what they can do to prepare for when the legislation inevitably reaches them, writes Matt Johnner, president and co-founder of BankLabs.

With desirable merger partners hard to find, some credit unions are starting to look well beyond their home base.

Inclusiv's annual conference in Florida focused on the rocky road ahead for small credit unions – and how to ease the way forward.

ATBancorp had an unusual footprint that included a small bank and a number of fee-based businesses. But it had to slim down before it could find a buyer.

The agency says lenders lacked the risk appetite, while bankers point to concerns over turnaround times and strict loan terms.

City National Bank said the foundation will buy houses and hold onto them until the buyer lines up financing.

Despite the fervor over mobile wallets and banking, one day consumers may never need to open a dedicated bank or payment app.

The National Credit Union Administration has already approved the deal, which is set for a Nov. 5 vote.

Ballinger National Bank would be renamed Keystone Bank and its headquarters would move to an Austin suburb.

In remarks at the Inclusiv conference, NCUA Chairman Mark McWatters pledged to help small CUs but said they're responsible for their own business plan and can't expect NCUA to do the hard work for them.