Banking

On Dec. 31, 2021. Dollars in thousands.

A comprehensive strategy around when and how consumers pay bills online can better help credit unions understand members' behavior patterns and deepen those relationships.

While competitors are turning to traditional mergers and acquisitions to build market share and boost profits, Cleveland-based KeyBank is betting it can keep pace by rolling out a digital bank for affluent doctors and dentists.

Without the application of tested safeguards, using such data can run the risk of worsening the very problems of credit access that we seek to solve.

David Bunch joined the Maryland credit union as a member in 1979 and has worked there since 1987. He was appointed to lead the organization in 1996.

Truity Credit Union in Oklahoma is selling its only branch in the state.

The credit union service organization's newest chief executive took the helm April 1 and a new name for the company will debut in June.

Prices keep rising as inventory shrinks, competition grows, and credit availability tightens; analysis and interviews find Black businesses lacked access to lenders and failed to qualify for loans.

The Independent Community Bankers of America asked lawmakers to investigate credit unions' M&A activity after VyStar announced what would be the biggest purchase of a bank by a credit union.

USI Insurance Services agreed to buy Northwest Insurance Services in a deal that should close later this quarter.

Proposed legislation would amend language in the Federal Credit Union Act to make it easier for credit unions to expel disruptive or abusive members.

Alan Kaufman, who will be sentenced in June, faces up to 60 years in prison.

One in five Americans started banking with a new financial institution while dealing with economic hardships over the past year. But data suggests the relationships are tenuous and competition for customer loyalty will intensify.

Bankers are concerned that the Paycheck Protection Program could run out of money before it officially ends on May 31.

The Illinois company would gain its first two branches in Winnebago County as part of the deal.

The Texas company has agreed to acquire HubTran, which offers artificial intelligence and machine learning capabilities for the transportation sector.

The California company will gain $4 billion of low-cost deposits with its $250 million acquisition of the homeowners association services division.