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The restriction on how often a borrower’s account is debited was supposed to be relatively straightforward, but one lender is trying to fight that provision.
October 29
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The Pennsylvania company will pay $346 million for MutualFirst Financial.
October 29
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Startups are increasingly expanding into new areas with their bank partners in an effort to broaden their customer base and bring products to market faster.
October 29
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Executives at banks in California say there's only so much they can do until the flames subside.
October 29
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The transaction will expand the CUSO's reach to nearly 1,200 credit unions.
October 29
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Many small banks remain skeptical of the payments network because it is owned and operated by big banks and they are waiting for the Federal Reserve to launch a rival service.
October 29
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It's difficult to recruit and retain talent amid low unemployment, while uncertainty about GSE and BSA reform makes planning harder, bankers said at the ABA convention.
October 29
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Laurie Stewart, a former credit union CEO and incoming chair of the American Bankers Association, says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.
October 29
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Congress should get behind the Fed's effort to launch a real-time payments service instead of getting in its way.
October 29
Oak View National Bank -
The complaint alleges the lead plaintiff was charged two separate fees for the same transaction and she didn't have sufficient funds.
October 29
