Banking

Hove, who spent 11 years on the Federal Deposit Insurance Corp. board, was the agency's acting chairman three different times during the 1990s. He held several jobs in banking, including chairman and CEO of Minden Exchange Bank & Trust, which had been led by his father.

First Mutual Holding is buying the tiny Blue Grass Federal and keeping its charter. The deal will allow the seller to save costs and maintain its autonomy.

A panel of federal appeals court judges reversed a district court’s decision on the NCUA’s controversial field-of-membership rule, but saw merit in bankers’ claims of potential redlining.

The company has agreed to buy Albany Bancshares, which has four branches near the Iowa border.

A panel of federal appeals court judges reversed a district court’s decision on NCUA’s controversial field-of-membership rule, but saw merit in bankers’ claims of potential redlining.

The agency is trying to update its rate-cap policy for institutions that fall below "well-capitalized." But it remains to be seen if the proposed changes fully address community bankers' concerns.

The most recent Credit Union Trends Report from CUNA Mutual Group is “indicative that both the credit cycle and the U.S. business cycle are moving into their last stage before the next economic slowdown,” according to one economist.

The loan-aggregation CUSO has partnered with CU Financial Group to offer its members access to a range of insurance carriers.

Proponents of a plan to get the Postal Service more involved in banking say it would restore profitability. Actually it would lose more money.

The Louisiana company will enter two new markets after it buys the locations.

Proponents of a plan to get the Postal Service more involved in banking say it would restore profitability. Actually it would lose more money.

Community First will pay $40 million in cash for the parent of Affinity Bank.

The power couple wants to help turn Acorns Grow from a niche app into a megabank; with many floating-rate loans, regionals’ profits drop as yields slip.

The information you need to start your day, from PaymentsSource and around the Web. Today: How China's central bank currency could harm Alipay and WeChat Pay; Miami transit turns contactless; PayPal gets deeper into retail; Metal Pay draws investment.

Regulatory efforts to protect consumers from harassment and robocalling are forcing big changes. Attorney Quyen Truong at Stroock & Stroock explains.

CDCUs provide essential financial services in underserved communities but these institutions can struggle to keep up with compliance and technology demands.

Competition for deposits is tight, the outlook for loan demand is uncertain, and regulatory relief is slow-moving. Yet community bankers are feeling better about the economy than they have in two years, a Promontory Interfinancial Network survey found.

Lenders insist they will be able to ramp up commercial loans and mortgage refinancings without skimping on underwriting.

Sen. Mitch McConnell had contacted the National Credit Union Administration about the troubles Kentucky hemp farmers had in accessing capital.

Capital One agreed to buy KippsDeSanto, a Northern Virginia company that specializes in advice to the defense and government contracting sectors.