Retail & Commercial

William B. Harrison Jr., who helped create JPMorgan Chase, on Tuesday offered a resounding defense of megabanks and the good he said they do for customers and investors.

TAMPA, Fla. – Grow Financial FCU, fresh off a new branch opening in downtown Tampa, announced plans this morning to open three additional branches this year.

Alvin Kang, the CEO of BBCN, has created the nation’s biggest Korean-American bank. Here are five noteworthy examples of banks where minorities own more than 51% of outstanding shares.

AJB Software Design Inc. plans to announce Friday its participation in the Visa POS Solutions Program (VPSP), which AJB says could allow it to link Visa's digital wallet, V.me, to the point of sale.

The $13.2 billion-asset company said Tuesday it has joined with prepaid card manager TransCard to offer a MasterCard prepaid debit card as an alternative to traditional checking accounts.

JPMorgan Chase (JPM) Chief Executive Jamie Dimon has left the board of the Federal Reserve Bank of New York, more than six months after lawmakers called for his resignation because of JPMorgan's multibillion-dollar trading scandal.

CORNING, N.Y. – Corning CU has purchased the former Tower Bank branch in Chambersburg and will convert it into one of its own service facilities.

Bank of America (BAC) is said to be eyeing more sales of mortgage servicing rights following its announcement Monday that it is selling $300 billion of servicing rights to two separate buyers.

The common enemy of electronic payments is cash, and so any technology that makes it more convenient and more rewarding to use a credit or debit account is good for business.

The Minnesota bank raises hackles at the state's flagship university after it notified students that transactions with their native country may violate bank-secrecy laws.