Banking

Credit Union Journal's annual showcase of some of the industry's most innovative and effective growth strategies.

Lenders contend the proposal goes beyond policing third-party debt collectors and could expose banks to enforcement actions and lawsuits.

More than half of U.S. counties lost access to bank branches between 2012 and 2017, with rural counties that have less educated and minority residents especially hurt, the central bank said.

Several banks have reported spikes in substandard loans, special mention credits and watch-list relationships. What does it all mean?

A 10% cut next year, which will be identical to the fee reduction this year, is projected to save the industry about $85 million.

Democracy Forward filed the lawsuit Monday against the consumer bureau, Director Kathy Kraninger, the U.S. Department of Education and Education Secretary Betsy DeVos.

A new survey finds that more than half of respondents planned to do most of their gift shopping through a smartphone.

On Jun. 30, 2019. Dollars in thousands.

On Jun. 30, 2019. Dollars in thousands.

On Jun. 30, 2019. Dollars in thousands.

The company hired two bankers from CIBC to lead the newly formed group.

The company claims that its biggest investors is taking steps to seize control, oust the board and find a buyer.

Banks need to manage margins more actively — including the use of new modeling technology — in the current low-interest-rate environment.

Collins Community Credit Union has agreed to buy First Savanna Savings Bank.

The $26 billion all-stock deal has the OK of the boards from both companies; the administration says it will move on privatization without federal backing.

Grab pays a fine for high fares; VC flows to e-commerce logistics; and other information you need to start your day, from PaymentsSource and around the web.

As part of this year's Best Practices Awards, CU Journal looks at a trio of institutions that have found creative and effective ways to bring in new funding.

George Cook could have joined Somerset Trust, where his father is CEO. Instead, he founded Honeycomb Credit, a crowdfunding platform that competes with banks.

The company also disposed of a large agricultural loan that was nonperforming.

In September, loan balances grew at a slower pace than a year earlier, according to the latest trends report from CUNA Mutual.