Banking

Citizens Bancshares has agreed to buy Regional Bankshares for $11 million.

Combined with another key change that would give banks more leeway in trading, the revisions on hedging could further blunt the impact of the rule named after a former Fed chairman.

The company has also hit its goal of having half of total loans tied to customers around Atlanta.

The company said the move would help it become more efficient at a time when clients are making greater use of digital channels.

While reform legislation for banks is just around the corner, market signals suggest the economy could be headed toward another downturn.

Banks feeling the pressure in commerical lending from lightly-regulated, cash-flush competitors; financial institutions take "an increasingly militarized approach" to fighting cybercrime.

The nearly $5 billion deal to acquire MB Financial would provide the Cincinnati company with immediate scale in the Windy City.

The information you need to start your day, from PaymentsSource and around the Web. Today: TransUnion expands on a number of fronts; Selfie pay enters South Africa; Pras' new smartphone will include payments technology; Vota brings back payment sharing; U.S. technology companies push open banking.

The Wisconsin Bankers Association is rejecting a National Credit Union Administration ruling that the Federal Credit Union Act preempts a pair of state banking statutes.

Senate Democrats want acting CFPB Director Mick Mulvaney to explain why the agency is no longer policing student loan lenders and servicers.

Even as Jamie Dimon touts the female leadership at his company, it lags in one key area. But JPMorgan women are making strides in particular with blockchain initiatives, and Amber Baldet finally shares what she is working on. Plus, heels or flats?

Bank of America on where its AI hopes (and worries) lie; Zelle founder Paul Finch announces his leave from the payments network; the one area where banks and fintechs want more regulation; and more from this week's most-read stories.

Community banks count on personal service as a differentiator to win business. But legacy technology issues can get in the way.

While working with new fintechs carries some risk, it can also provide community banks with an affordable way to upgrade products and technology.

The Louisiana Credit Union League has partnered with more than a dozen CUs in the state to offer the Lucky Lagniappe Savings Account.

Michael Fitzgerald, who was selected to lead United Bank, was CEO of Bank of Georgetown for 11 years before it was sold to United.

Call it mutual respect. Bankers from mutually owned British building societies and similarly structured U.S. thrifts recently gathered in New England to address common challenges and share ideas about staying relevant at a time of rapid change in financial services. Here are the takeaways from their meetings.

The Iowa company said that Bruce Lee will take over its top post next month.

Bank executives say artificial intelligence will create jobs, while analysts say the opposite. Employees are anxious but willing to try to work with it. All agree AI is already making an impact.

Employees reportedly unit doctored documents; payments company buys Swedish fintech firm just before it goes public.