Retail & Commercial

City Holding in Cross Lanes, W.Va., continues to bulk up in Virginia, announcing late Thursday that it is buying Community Financial in Staunton for $26.1 million in stock.

WASHINGTON – The Senate adjourned yesterday for its annual five-week summer vacation, leaving behind numerous credit union-critical bills, including the bipartisan bill to eliminate redundant fee disclosures at the ATM—even though the credit union-backed measure passed the House unanimously last month.

Google is changing nearly everything about how it handles transactions.

Bloggers and tech reporters have been quick to give Visa a swift kick in the pants for the failure of a point-of-sale system at London's Wembley Stadium during Olympic soccer matches this week. But Visa says, and Wembley Stadium has acknowledged, that the breakdown at the stadium occurred on a system that Wembley owns and operates.

As competition heats up for mobile-wallet providers, the various underlying technologies are starting to show whether they have long-term viability.

Long after the 2004 unveiling of the Payment Card Industry data security standard, many merchants remain unaware of it and know little about the threat data thieves pose, says Bill Farmer, CEO of Mako Networks.

LAKELAND, Fla. – MidFlorida CU, which is integrating mergers on Florida’s west and east coasts, is opening a new branch in Plant City in a former Regions Bank branch.

SIERRA VISTA, Ariz. – Navy FCU is opening its fourth Arizona branch here Monday near Fort Huachuca, which will serve Army and Air Force personnel.

LIVE OAK, Texas – Randolph-Brooks FCU opened its administration services center in north Austin Wednesday and plans to open four new branches in the near future.

Community Bank System will close five branches in September. Three of the targeted branches are ones that First Niagara acquired from HSBC and then sold to Community Bank in July.