Americas

The Wisconsin Bankers Association is rejecting a National Credit Union Administration ruling that the Federal Credit Union Act preempts a pair of state banking statutes.

While working with new fintechs carries some risk, it can also provide community banks with an affordable way to upgrade products and technology.

Michael Fitzgerald, who was selected to lead United Bank, was CEO of Bank of Georgetown for 11 years before it was sold to United.

Call it mutual respect. Bankers from mutually owned British building societies and similarly structured U.S. thrifts recently gathered in New England to address common challenges and share ideas about staying relevant at a time of rapid change in financial services. Here are the takeaways from their meetings.

The Iowa company said that Bruce Lee will take over its top post next month.

In a letter responding to a request for clairty from the Wisconsin Credit Union League, the federal regulator expanded its preemption to include state-chartered, federally insured CUs.

In letting the community suggest new names, can Red River Mill Employees FCU avoid the “Boaty McBoatface” problem?

Total loans at Old Dominion National Bank have tripled since 2016.

PayPal has agreed to acquire iZettle—often called the Square of Europe—in a move that could blunt Square’s prospects in key markets.

Robert Witty started at the Ithaca, N.Y.-based credit union in 1969, working his way up to CEO in 1984. He retired in 2010.