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Municipal's previous CEO, Kam Wong, was fired earlier this year after being charged with fraud and embezzlement. Mark Ricca will now run the institution.
October 29 -
Despite improvements in the proportion of consumers without a bank account, there is still work to do to bring more Americans into the banking system, argues FDIC Chairman Jelena McWilliams.
October 29
Federal Deposit Insurance Corp. -
The Human Account, a survey of 11,500 people, is intended to inspire banks and governments to come up with better ways to help low-income people.
October 26 -
Inclusiv's annual conference in Florida focused on the rocky road ahead for small credit unions – and how to ease the way forward.
October 26 -
Former Elevations Credit Union COO Jay Champion will take the helm at Westerra when CEO John McCloy retires in December.
October 24 -
Victor Miguel Corro, a former WOCCU staffer, has taken the helm at Coopera following Miriam De Dios Woodward's move to PolicyWorks.
October 24 -
The agency’s biennial survey showed gradual improvement in access to mainstream banks, but over 14 million adults lack ties to a federally insured institution.
October 23 -
Mary McDuffie, who is currently Navy Federal's chief operating officer, will succeed Cutler Dawson, who is retiring.
October 18 -
Financial institutions need to adapt their offerings to meet the preferences of these young consumers or they risk losing ground to fintechs and other nontraditional players.
October 18
CCG Catalyst -
Despite obstacles that keep women from being equally represented in the boardroom, there are steps they can take to close the gap.
October 18
Women in the Boardroom -
Mark Decello will take over for Gerald Guy, who has served as president and CEO at KEMBA for 30 years.
October 17 -
Neither the prepaid issuer nor its bank partner can say when cardholders — many living paycheck to paycheck — will receive their funds.
October 16 -
As financial institutions struggle to regain public trust, they need to find more systematic ways to gauge how their work impacts consumers and communities.
October 16
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College prospects cite the financial crisis as one reason they are passing on community bank jobs to join fintechs.
October 15 -
Readers react to an argument about reining in banker pay, weigh the push for raising the minimum wage, respond to Wells Fargo getting back into the private-label securities market and more.
October 11 -
Banks and credit unions will have to re-engineer a number of systems to meet the eclectic demands of the generation born roughly in the last 10 to 20 years.
October 11 -
Banks will have to re-engineer a number of systems to meet the eclectic demands of the generation born roughly in the last 10 to 20 years.
October 11 -
A growing number of the top lawyers at major financial institutions are women. What’s it going to take to get other departments to follow suit?
October 11
Sullivan & Cromwell LLP -
Millennials are targeting homeownership within the next few years, but many are buying into certain house-purchasing myths, according to Bank of America.
October 10 -
Elliot Gregg, who led the institution for almost 20 years, will serve as president emeritus until his retirement in January.
October 9












