Americas

OLYMPIA, Wash. -- The high-profile addition last year of Washington and Tennessee to the ranks of states that allow some credit unions pay to board members reignited a debate that continues -- is it a good idea or a bad idea?

FORT WORTH, Texas -- John Tippets is coming out of retirement. Again.

MOUNTAIN VIEW, Calif. -- The Target Corp. data breach, estimated to have cost credit unions at least $30 million so far, is doing much more than lightening CUs' wallets -- it's changing the way they approach fraud prevention and increasing attention on EMV.

First Bancshares (FBMS) in Hattiesburg, Miss., has agreed to buy BCB Holding in Mobile, Ala.

The majority of Americans who will be receiving a tax refund in 2014 will spend the funds, not save them, according to a new survey released by Capital One Financial (COF).

Unity Bank, a subsidiary of Unity Bancorp Inc. (UNTY) has opened a new division that will offer a wide range of investment products and services aimed at helping customers to grow and preserve wealth.

Business Partners, a credit union service organization in Northridge, Calif., has named financial services veteran Pamella Easley as its president and chief executive officer.

Business Partners, a credit union service organization in Northridge, Calif., has named financial services veteran Pamella Easley as its president and chief executive officer.

The $21 billion-asset Webster has become the official bank of Yale University athletics, it announced last week. The three-year agreement will give Webster advertising and promotional opportunities at Yale sporting events and venues.

The subsidiaries of the $4.4 billion-asset company will be merged into Simmons First National Bank by August 2014, according to a Wednesday filing with the Securities and Exchange Commission.