Banking

The banking industry casts aspersions on credit unions while overlooking their unique challenges and contributions to the broader economy.

Big increases in construction and commercial real estate lending boosted revenue at the Kansas City, Mo., company.

The company wants a big deal to help push it over $50 billion of assets, at which point it will be considered systematically important.

First Merchants in Muncie, Ind., has agreed to buy Arlington Bank in Upper Arlington, Ohio.

Bank customers will be able to check information on Mint, TurboTax and QuickBooks without sharing their JPM passwords; Treasury secretary nominee says regulation should account for bank "complexity and activity"

Welcome to the new PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Airbnb may buy a payments company; Parliament may move on Brexit this week; new tech for vet payments; rewards program debuts for corporate travel,

Total loans rose 7%, but the provision for loan losses jumped 27% to $1.7 billion.

Increases in commercial real estate, C&I and municipal and state loans boosted fourth-quarter profit at the $13 billion-asset Trustmark.

Strong loan growth was partially offset by rising delinquencies in its flagship credit card business, as well as in student and personal loans.

The National Credit Union Administration and credit union trade groups cheered a judge's decision to dismiss a lawsuit against the agency's member business lending rule, but ICBA is still mulling the possibility of an appeal.

A deal between Ford Motor Credit and a San Francisco-based startup will give car buyers the option of customizing their own loan terms.

Fifth Third and other regionals have ditched what they deem to be high-risk commercial loans in hopes of strengthening credit quality over the long term.

President Trump's campaign to keep jobs in the U.S. could leave bankers worried about their outsourcing IT functions. They are an unlikely target.

The New York credit union is touting double-digit growth for 2016.

Wells Fargo is reviewing its policy of giving retail bankers a day's notice before internal inspectors visit a branch.

Mortgage lending was "challenging" in the fourth quarter, but the Troy, Mich., company showed strong growth in commercial loans

Heritage Oaks in California ended talks with an unnamed institution when it couldn't get a response on a regulatory concern.

Cost control and improved credit were overshadowed by a big charge tied to a dispute with the FDIC.

The Honolulu company plans to sell off more shares still owned by BNP Paribas and BancWest.

The Oklahoma company did not disclose how many shares it could sell or how much it could raise.