Retail & Commercial

The CUSO has joined with the Center for Financial Services Innovation’s Financial Health Network to help credit unions and other institutions improve their small-dollar lending practices.

The Consumer Financial Protection Bureau plans to launch an inquiry into small-business lending, the first step toward crafting a rule for the collection and reporting of data.

The Pasadena, Calif., firm also reported growth in the number of active prepaid cards for the first time since the second quarter of 2015. Profits rose by 24%.

One Bank & Trust in Arkansas just sold itself to the Treasury, resolving a legal judgment and clearing the way for a resale to the private sector.

JPMorgan Chase has some advice for regional banks: A deposit drain is coming, so merge while you can.

Credit unions announce a bevy of new leaders among the recent new hires, promotions and appointments.

Bank of Austin still needs approval from the Federal Deposit Insurance Corp., though organizers remain hopeful it can open this summer.

The acquirer of the failed Guaranty Bank took a pass on the latter’s 107 in-store branches, leading to their shutdown and a disruption in service for many low-income customers.

Despite major fanfare about new challenger institutions or digital-only bank brands, technology and revenue difficulties are among the factors threatening their ability to adapt and grow.

The top executives at Guaranty Bank said that, after years of struggles, the $1 billion-asset bank was a month or two away from raising the capital it needed to survive.