Retail & Commercial

The company, which just hired CEO Jay Sidhu's son to groom as its next chief, had been holding itself back to avoid caps on interchange fees.

The company will pay $64 million to significantly increase its scale in the Tampa Bay area.

The promotion of Melinda Chausse was one of several leadership changes the Dallas company announced this month.

The investment bank's new CashPlus Account comes with a mobile banking app, a debit card, online bill payment and other banklike features.

Commercial lending was sluggish in 2019, but leaders at Huntington, KeyCorp and M&T are encouraged that rates are stabilizing and business sentiment is improving.

The Madison, Wis.-based think tank's latest initiative is another sign of the increasing emphasis the credit union industry is placing on diversity, equity and inclusion.

The financial wellness fintech focused initially on building an app that helped people understand their financial picture, CEO Jon Schlossberg says.

Former CEO John Stumpf agreed to pay a $17.5 million penalty while ex-community banking chief Carrie Tolstedt faces a potentially $25 million fine for sales-practices misconduct. Other former officials could face fines totaling $16 million.

A former credit union CEO explains why it chose to become a bank, subject to taxes, and says Congress needs to intervene in discussions on an NCUA proposal to loosen capital standards.

A former credit union CEO explains why it chose to become a bank, subject to taxes, and says Congress needs to intervene in discussions on an NCUA proposal to loosen capital standards.