Americas

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.

Former Elevations Credit Union COO Jay Champion will take the helm at Westerra when CEO John McCloy retires in December.

From branch networks to technology and cybersecurity concerns, there's plenty to keep leaders of CDFIs and small CUs awake at night.

Bank Independent in Alabama is the latest small bank to start using Alexa, though implementation costs and security concerns continue to hold others back.

The New Jersey-based credit union aims to increase its technological offerings as a result of the conversion.

The change comes two months after the bank was spun off from its Venezuelan parent company.