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Even "lifers" are considering new jobs as financial institutions bulk up to expand into new markets.
May 3
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After failing to win funding for a direct-lending program last year, Small Business Administration chief Isabella Casillas Guzman says the agency continues to study the option because banks and credit unions are making fewer small-dollar 7(a) loans than several years ago.
May 2
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On Dec. 31, 2021. Dollars in thousands.
May 2 -
On Dec. 31, 2021. Dollars in thousands.
May 2 -
On Dec. 31, 2021. Dollars in thousands.
May 2 -
Richard Helber stepped down after 12 years as Tropical's chief executive. He will hold an advisory position through the end of the year.
May 2
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The National Credit Union Administration’s prohibitions for this month addressed allegations of embezzlement and loan doctoring.
April 29
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With new guidance and a simplified chartering process, the National Credit Union Administration seeks to counter the trend of closures and consolidations.
April 28
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LincolnWay Community Bank in Illinois has agreed to be sold to CoVantage in Wisconsin, adding to a trend of bank-credit union deals that has drawn backlash from many small-bank executives.
April 27
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In global news this week, scammers target Revolut's program for Ukrainian refugees; Commerzbank applies for a crypto license in Germany; Nium merging with Socash; MyPinPad merging with SmartPesa; and more.
April 27
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Although small banks and credit unions are enjoying healthier loan portfolios, they are also bracing for potential setbacks due to higher interest rates and inflation.
April 26
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On Dec. 31, 2021. Dollars in thousands.
April 25 -
On Dec. 31, 2021. Dollars in thousands.
April 25 -
On Dec. 31, 2021. Dollars in thousands.
April 25 -
The National Credit Union Administration took steps to increase hires of women, minorities and people with disabilities in 2021, making its staff more representative of the general population.
April 25
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The Expanding Financial Access for Underserved Communities Act will help in the fight to eliminate financial disparities in underserved communities across our country.
April 25
National Association of Federally-Insured Credit Unions -
A recent survey suggests the public thinks banks outperform credit unions on digital offerings. One industry expert says the opposite is true.
April 22
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Viktoria Earle, who has been with the credit union since 2013, will take over for Craig Weber in May.
April 21
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To appeal to a younger audience, credit unions are teaming up with third parties that can help them offer Bitcoin accounts, real-time payments and other cutting-edge services.
April 21
