The Minneapolis company, which reported strong profits but 1% loan growth, is hiring middle-market bankers in New York and launching a digital lending platform aimed at small businesses.

Many bankers say the agency needs to rethink its definition of brokered deposits and how it sets interest rate caps.

Many community banks face the same challenges that drove AJS Bancorp to become a seller, but few if any would go to the lengths that it did to seek a buyer.

Neither the prepaid issuer nor its bank partner can say when cardholders — many living paycheck to paycheck — will receive their funds.

As financial institutions struggle to regain public trust, they need to find more systematic ways to gauge how their work impacts consumers and communities.

The central bank found that the increase in noncash payments fraud from 2012 to 2015 was still just a small fraction of overall payments.

The Dallas bank has picked a bad time to shift from cost-cutting to expansion as big banks are in a commercial lending funk.

The San Antonio bank will refer customers seeking small-business loans to StreetShares, a financial startup that is similarly focused on serving veterans of the U.S. military.

Parents with small children often don’t know about college savings accounts, according to U-Nest founder Ksenia Yudin.

BankMobile will remain part of Customers for at least two years after regulatory snags derailed a plan to transfer the unit to a Florida bank.

ODX will pursue deals with banks that want to use the New York lender’s technology to offer online small-business loans.

Banks looking to build online-only affiliates to turbocharge deposit-gathering can expect intense competition and heightened regulatory scrutiny.

The tech giants might be moving into small-business lending, but they’re more likely to take business away from large commercial lenders, not community institutions.

Women in the pipeline get some attention from a room full of top banking industry executives celebrating the Most Powerful Women rankings. California is the first to impose a quota requiring companies to increase the number of women on boards, and the Fortune 500’s newest female CEO starts today.

College prospects cite the financial crisis as one reason they are passing on community bank jobs to join fintechs.

On Jun. 30, 2018. Dollars in thousands.

On Jun. 30, 2018. Dollars in thousands.

On Jun. 30, 2018. Dollars in thousands.

What the bank is doing differently with its personal financial management tools could be instructive to the many institutions that haven’t gained much traction with similar offerings.

Citigroup spent years reeling in customers with promotional rates, many of which have expired or soon will. The bank thinks it can keep a large number of those customers and make more money off of them.