Lending

Community banks in the state have struggled to attract the funds to meet surging loan demand, but that could change now that a new law has made it easier for them to accept government deposits.

Las Vegas-based institution said its first-quarter net income was down about 21% from a year earlier.

The Honolulu-based credit union said its earnings dropped by more than 37% from a year earlier.

The nation's first credit union saw an 88.5% increase in net income for 2018 thanks to a variety of factors, including a one-time payout from the National Credit Union Administration.

Credit union share of the credit card market is at a record high but there are concerns that this debt could begin to sour if the economy turns.

The British startup OakNorth sees U.S. community and regional banks as good prospects for its lending technology.

The Raleigh, N.C.-based institution said it also has more than 500 employees.

During the National Credit Union Collections Alliance conference, experts shared best practices on several topics, including navigating member bankruptcies and positioning auto loans for a downturn.

CUNA Mutual Group's February trends report showed that growth in auto loans, mortgages and membership had slowed.

The Peoria, Ill.-based institution also saw increases in lending and net worth.