Acquiring the company, which has a namesake savings app, would allow the Silicon Valley lender to accelerate its plan to offer more consumer banking services. The deal comes less than six weeks after Oportun withdrew its application for a bank charter, which it plans to refile.

Tina Dix, the chief executive of OUR Credit Union in Royal Oak, will step aside in July. The $365 million-asset credit union has retained a search firm to find her successor.

Graham Steele, a strong proponent of safeguarding the financial system against climate risks, was approved by a 53-42 vote as assistant secretary for financial institutions at the Treasury Department.

After more than a year of collaboration, the Minneapolis bank is buying the company to enhance its corporate expense and travel management offerings.

Backups at ports have created inventory and cash-flow challenges for many businesses. Bank of the West, Swift, SAP and others are offering customers faster payments services, short-term loans and virtual cards to ease liquidity pressures.

The retired Laurence Bensignor is prohibited from working for “any insured depository institution or any holding company of an insured depository institution” because of his failure to disclose key information about an alleged insider-loan scheme, the Federal Reserve says.