Retail & Commercial

Apps that let people access their pay on demand have become wildly popular. Do they solve a problem, or are they Band-Aids?

Year to date through Dec. 31, 2018. Dollars in thousands.

Year to date through Dec. 31, 2018. Dollars in thousands.

The Nusenda Credit Union Foundation, which is being honored with a Wegner Award, works with its partners to find creative solutions to unmet needs, including its mircolending program, Co-op Capital.

The new accounting standard won’t make community institutions safer, though implementation is proving burdensome and could restrict access to credit, argues Rep. Blaine Luetkemeyer.

Wegner Award winner Diana Dykstra was instrumental in the creation of the Global Women's Leadership Network and CU Direct in her more than 30-year career.

Just nine bank merger pacts were announced in February, down from 17 in January. But they included the biggest deal in years and some other interesting storylines.

Franklin Financial, which was recently freed from a memorandum of understanding, has installed interim leaders after its founding CEO's retirement and his son's resignation.

Six senior executives at Chemical and TCF will move into similar roles when the merger closes later this year. Chemical Bank's current CEO, Tom Shafer, will become president of the combined bank, reporting to CEO Craig Dahl.

The upstart lenders have been chipping away at credit cards’ consumer-lending dominance by offering fixed-rate loans with predictable repayment plans. Now the card giants are fighting back.