Credit unions

On Mar. 31, 2019. Dollars in thousands.

On Mar. 31, 2019. Dollars in thousands.

Indiana Members Credit Union will pay cash for Commerce Bank.

Tussles over risk-based capital have preoccupied the agency of late, but Rodney Hood says he also wants to foster growth of minority-owned institutions and make sure credit unions are taking the hacker threat seriously.

CU Payz has six founding credit union members, including Coastal Credit Union, and will be open to the entire industry.

Addressing payment security and achieving interoperability with a rival, private-sector network are just some of the challenges the central bank faces in building a government-backed real-time payment system.

The Jacksonville, Fla.-based credit union is the initial investor in PayverisCU, which will help members with financial wellness and money management.

The credit union service organization said the move was part of its focus on marketing technology products.

Despite the Senate Banking Committee’s willingness to discuss the issue, Republican support for legislation is still in question.

There have now been a record 10 credit union-bank merger deals in 2019.