Fintech

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

Though many merchants remain wary of alienating their customers with fees, others now see an opportunity to recoup the growing costs associated with accepting plastic.

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.

Alaska USA Federal Credit Union will nearly double its operations in Phoenix after it buys the locations.

The Anchorage-based credit union has agreed to purchase seven Phoenix-area branches from TCF, nearly doubling its presence in that market.

Patrick O'Brien had been CB Financial's president and CEO for about two years.

The Pennsylvania company will pay $80 million for the parent of USNY Bank.

Fed proposal is at odds with the one offered by the FDIC and OCC; judge wants to dispel the “myth” that student loans can’t be expunged in bankruptcy.

So far this year, Lloyds and Clydesdale and Yorkshire Banks have had payment failures in the U.K. And in the U.S., a software glitch at parking technology vendor Parkeon halted digital payments at meters in New York and other cities.