Americas

A North Carolina group is trying to take regulators' cue to work together. A successful effort could encourage others to follow its lead.

Former CFPB Director Richard Cordray and consumer advocates have designed a proposed state consumer agency that would subject more financial firms and fintechs to state oversight.

Former CFPB Director Richard Cordray and consumer advocates have designed a proposed state consumer agency that would subject more financial firms and fintechs to state oversight.

The institution formerly known as School Employees Loraine County Credit Union launched its new name on Jan. 2.

Roughly 55% of Michiganders belong to a credit union but growth rates in the state continue to slow.

Organizers of Founders Bank in Washington still need to raise at least $25 million before opening.

The Tulsa-based credit union reached $2 billion in assets at the close of 2019. It hit the $1 billion mark in 2011.

Even in the face of soft loan demand, banks in the region have held firm on terms. That should position them well for the next economic downturn.

Horizon Credit Union will absorb Icon CU in a deal intended to bolster competition in the Spokane market and increase Horizon's reach into Idaho.

The deal will bring a wider array of products and services to members of the $4.4 million-asset Yellowstone FCU, including online bill pay and a shared ATM network.