Banking

HarborOne Bancorp — led by James Blake, one of our five community bankers to watch in 2019 — is a former credit union that recently made its first bank acquisition and has Boston and other markets in its sights.

The state has expanded the scope of ongoing legal actions against Avant and Marlette to include several securitization trusts and trustees.

A pair of studies released Thursday show consumers once again added to their debt burden during the holiday season even as they admit to needing more financial education.

Rushing to copy the Amazon experience, banks and fintechs are focused on simplifying financial services online. A Georgia Tech researcher says that approach is risky.

A bipartisan bill stirring in the Senate would prohibit lenders from mailing unsolicited checks that can immediately be converted into high-interest loans. Consumer groups call the loans predatory, but lenders say they are a lifeline for cash-strapped households.

Through a unique partnership, Nutmeg State Financial Credit Union offers DMV services at two of its locations. So far the results have showcased the power of technology.

As more states permit medical or recreational use, and legal uncertainty persists at the federal level, CUs' decision whether to do business with marijuana firms is trickier than ever.

The information you need to start your day, from PaymentsSource and around the Web: India limits foreign e-commerce; Alexa takes a holiday; Apple faces patent issues; and more.

The pressure is on CEO Christopher Myers, one of our community bankers to watch, to make the most of CVB Financial's biggest acquisition to date.

Investors are spooked by banks' exposure to oil and other sectors threatened by a global slowdown as well as by policy uncertainties, but banks argue credit quality is strong and recession fears are exaggerated.

The Jacksonville, Fla.-based credit union purchased the facility from Atlantic Coast Bank for $2.2 million.

Credit unions are having a positive impact by doing everything from shredding thousands of pounds of paper to building their 492nd home for a family.

Cadence has upped the exchange ratio by 10%, a move made necessary by the 40% decline in its stock price since the deal was announced in May.

Entering 2019, lenders must think carefully about how they expand their auto loan portfolio. Failure to do so could result in bad loans and bad reviews online.

Greater Commercial Lending has targeted making loans in some unique sectors, including mining and renewable energy, after launching in January.

Younger consumers today have a very different view of, and utility for, general purpose bank and private label retail credit cards when compared to older generations.

The industry could see a boost in mortgage lending from regulatory changes, but other factors may slow growth.

The information you need to start your day, from PaymentsSource and around the Web: credit cards fund gun violence; the government shutdown and payments; mobile wallet for bus fares; and more.

The biggest question is whether new CFPB Director Kathy Kraninger will deviate from the pro-industry policies of her predecessor, or bring continuity.

While these five bankers made headlines this year, not all of them did so for good reasons.