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Green Dot MoneyPak cards were phased out late last year because of fraud concerns, but they are finding a new life on Netflix. The hit show "Orange Is the New Black" features the prepaid reload cards in a storyline in the women's prison that houses the main characters.
July 1 -
After it all but stopped making real estate and development loans following the housing crash, Farmers & Merchants Bank has increased its real estate loans by more than 61% over the last two years. It's a figure that's likely to keep rising as California's real estate market heats up and the $5.6 billion-asset bank continues to add commercial real estate, construction and mortgage lending specialists to keep pace.
July 1 -
Blythe Masters, the former JPMorgan Chase executive, has joined the advisory board of the Chamber of Digital Commerce, a Bitcoin trade association created to represent the young industry's interests in Washington.
July 1 -
The agency's Semiannual Risk Perspective pinpointed compliance and operational risk as potential problems for big banks while it outlined a different set of challenges for midsize and community banks.
June 30 -
Jane G. Watkins, president and chief executive officer of Virginia Credit Union, a $2.7-billion institution based in North Chesterfield, Va., said she plans to retire on March 31, 2016, after serving 33 years in various capacities.
June 30 -
A quick look at who's climbing the credit union ladder.
June 30 -
The Bancorp in Wilmington, Del., again delayed the filing of its annual report after it found $24 million in additional loan losses that should have been reported in earlier periods.
June 29 -
Community West Bancshares in Goleta, Calif., has filled a board vacancy with James Lokey, a former chief executive of several California community banks.
June 29 -
MidSouth Bancorp in Lafayette, La., has promoted the son of Chief Executive Rusty Cloutier to president of MidSouth Bank.
June 26 -
After scaling back its U.S. operations, Popular Inc. plans to focus on niche commercial lending markets, including financing for elder care and assisted living facilities.
June 26 -
The National Branded Prepaid Card Association has selected a new president.
June 26 -
Colorado has named a new state banking commissioner, after an interim commissioner has held the job for almost 18 months.
June 26 -
Digital Asset Holdings, the blockchain technology startup led by JPMorgan Chase alum Blythe Masters, is expanding its capabilities by acquiring other such firms.
June 25 -
KeyCorp in Cleveland has hired Gary Poth as head of its family wealth division at Key Private Bank.
June 25 -
New data from the League of Southeastern Credit Unions found that CUs in Florida and Alabama added more than 100,000 new members during the first three months of 2015 as well as some other impressive gains.
June 25 -
New COO at State Employees FCU, the Pennsylvania Credit Union Association's board elects two and more.
June 25 -
Citigroup said Jonathan Larsen will add oversight of U.S. consumer banking and mortgages to his role as global head of retail banking, the first major management changes announced under new consumer chief Stephen Bird.
June 25 -
Its credibility damaged by shoddy lending and questionable accounting, the Birmingham, Ala., company rebuilt its reputation by putting customers and communities first.
June 25 -
In a milestone for our annual reputation survey, eight regional banks achieved 'excellent' scores, partly because of a renewed focus on doing what's best for the customer, even at the expense of their bottom lines. Big banks lost some of the momentum they had, but none remain in the 'weak' zone.
June 25 -
Enterprise risk management is an area banks are trying to master, and the appointment of a chief risk officer to oversee this effort has become common, even among community banks. We asked CROs and other experts for their perspectives on this evolving role, the skills needed to do the job well and their biggest worries.
June 25









