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Profitability improved significantly last year for banks with less than $2 billion of assets, but not because of anything they did. Some troubling trends lurk beneath those big gains too.

Tandem Bank has approval from the Georgia Department of Banking and Finance as its aims to become the state's first new bank since the financial crisis.

Aging tech systems have become a "pain point" in financial services, and VC firms have backed newcomers trying to push aside traditional vendors and win over banks and credit unions.

Exploring the rise of the next-gen bank CEO; backlash over JPMorgan's snarky tweet; TD Bank's calculated shift to the cloud; and more from this week's most-read stories.

Changing demographics and cultural trends are making bank CEOs think beyond profitability and toward addressing what they stand for.

The bank is hoping the venture will encourage more companies to use Quorum, the Ethereum-based blockchain it built five years ago.

Community banks in the state have struggled to attract the funds to meet surging loan demand, but that could change now that a new law has made it easier for them to accept government deposits.

Concerns about job losses and political blowback still loom, but the two banks made it through a second day of public hearings hosted by the Fed relatively unscathed and with significant local support.

Wells Fargo & Co. said it expects to refund certain fees paid on debit-card accounts as it reviews disclosures that may have confused customers.

If credit unions hope to capture America's largest potential consumer base, they're going to have to do a better job of explaining their value proposition.

Las Vegas-based institution said its first-quarter net income was down about 21% from a year earlier.

Facebook’s pursuit of a crypto-based payment system would seem to be filled with potholes and red flags. The social network’s stealth project isn’t much of a secret, and another Facebook virtual currency has already failed years earlier. But Facebook also has a lot in its corner — enough to threaten the e-commerce and payment processing establishment, should its crypto project take off.

MidFlorida Credit Union has agreed to buy the $730 million-asset Community Bank & Trust of Florida in Ocala.

The National Credit Union Administration and the Small Business Administration have established a program to boost SBA lending by credit unions, which was very light last year. It is sure to irk bankers, who have raised competitive concerns.

Mastercard has agreed to acquire digital bill payment platform Transactis, a deal the card network expects to close during the second quarter of 2019.

Banks that serve U.S. farmers are increasingly restructuring existing loans and boosting the collateral needed for new ones as the numbers of late and missed payments have risen.

Citigroup has invited second- and third-year analysts from across its markets and technology teams to apply for Citigroup's newly formed Markets Acceleration Lab.

Transaction fraud, attacks, compliance and political uncertainty are a toxic mix, argues Ian Stone, CEO of Veualta.

The Yankton, S.D.-based institution can now serve 18 counties across two states.

The move comes on the heels of an earlier tech acquisition by the Livonia, Mich.-based CUSO.