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While Noah Bank’s CEO has been accused of self-dealing in connection with SBA loans, its chairman says the directors had a succession plan ready to go and are rallying to rescue the bank’s reputation.
May 31 -
Embers Credit Union and Upper Michigan Community CU will open their doors as a merged institution on June 3, nearly a year after members voted to approve the deal.
May 31 -
It's a multibillion-dollar industry in a state of payments-regulation limbo and as a result, the U.S. cannabis business has mainly operated on a cash basis.
May 31 -
The bank will have about $1 billion in assets after it acquires Lighthouse Bank, which is also based in Santa Cruz.
May 31 -
American Express is following other major issuers in committing to convert its credit card portfolio to contactless as customers' cards expire.
May 31 -
This is the first year that only the largest and most complex banks will be included after the Federal Reserve decided to let smaller firms wait until next year to resume testing.
May 31 -
Suspense builds on what the new name of merged BB&T-SunTrust will be; JPMorgan Chase CEO Jamie Dimon says Wells Fargo 'irresponsible' for lack of CEO plan; how APIs are being used at Citi, BBVA and other leading banks; and more from this week's most-read stories.
May 31 -
Wells Fargo is in negotiations to settle a U.S. probe into procurement of low-income housing tax credits as its top lawyer tries to clean up issues before handing off the chief executive officer role.
May 31 -
A look back at Credit Union Journal's May 2019 special report on auto lending.
May 31 -
Bitcoin has a lingering problem that few people are talking about amid the renewed exuberance of the recent price surge.
May 31 -
The Cincinnati bank wants to convert from a state charter as it expands in the Southeast and beefs up digital banking operations.
May 31 -
Some institutions are gearing up for the warm weather by providing free ice cream, scholarships to graduating seniors and donations to revamp recreation centers.
May 31 -
The launch of a combined securitization platform for Fannie Mae and Freddie Mac is meant to ease the transition to a new housing finance system. But questions remain about how the mortgage sphere will adapt to the single security.
May 31 -
A former employee from a New York credit union pleaded guilty to theft and tax evasion while another was accused of falsifying records.
May 31 -
Digital consumers and merchants are born as well as made. Payments play a key role in driving simpler, smarter and more customized experiences, writes Stefan Merz, COO of PPRO.
May 31
PPRO -
The Apple co-founder offered advice on how to create successful products, why he craves privacy and why companies should value engineers and inventors.
May 31 -
There's been chatter about whether the government-sponsored enterprises should be considered systemically important. But supporters must consider that such a designation would put the Fed in charge of their supervision, a step that would do more harm than good.
May 31
American Enterprise Institute -
Password management app and secure digital wallet provider Dashlane completed a $110 million Series D funding round led by Sequoia Capital. It also hired Lyft’s chief marketing officer, Joy Howard, to take the same role at Dashlane.
May 31 -
Eric Meilstrup, who was named president last fall, will succeed Steve Foster as CEO next month.
May 31 -
New technologies can increase lending and reduce risk but many management teams don't know where to begin with implementing them.
May 31
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