Regulators closed The Enloe State Bank in Texas late Friday, marking the first failure in 17 months and the first in the Lone Star State in over five years.

Embers Credit Union and Upper Michigan Community CU will open their doors as a merged institution on June 3, nearly a year after members voted to approve the deal.

The bank will have about $1 billion in assets after it acquires Lighthouse Bank, which is also based in Santa Cruz.

The stocks of a wide swath of publicly traded payments companies are rising faster than the overall S&P 500 index, potentially fueled by several mega mergers in the first half of 2019.

SunTrust CEO Bill Rogers on Thursday explained the direction he and BB&T chief Kelly King are going with the new name, but gave no hints on what it is or when it will be unveiled.

Its CEO says organic growth is preferable, but after spending five years tackling a series of enforcement actions tied to BSA compliance, the Pennsylvania bank has options.

A planned merger between Van Cortlandt Cooperative FCU and USAlliance FCU was called off despite approval from regulators.

Members at Starcor Credit Union have approved the merger into St. Cloud Financial.

West Florida Banking is made up of bankers who ran Jefferson Bank of Florida, which is now part of CenterState Banks.

Many banks have already scaled back home lending or even left the business. With profit margins shrinking, inventories of homes at crisis levels and competition from nonbanks intensifying, that’s unlikely to change.

Speaking at a conference on Wednesday, CFO Howell McCullough mostly ruled out a merger of equals as a growth strategy for the $108 billion-asset Huntington.

Purpose Financial has agreed to purchase CreditGenie Inc. as payment companies face pressure to offer point of sale financing.

A strong economy and the chance to court Hispanic customers and businesses have banks interested in the region once more.

Having already recently absorbed Los Angeles-based Cedars-Sinai FCU, Credit Union of Southern California is now set to pick up tiny FedONE FCU.

Global Payments' purchase of TSYS is the latest merger of large payment technology companies — and by no means the last.

Payment industry mega-mergers continue with $21.5B deal; the cryptocurrency is up 140% this year, including 70% this month.

TSYS and Global Payments have announced a $21.5 billion merger, the third M&A deal in the financial/fintech industry of more than $20 billion this year.

Jury's out on whether BB&T-SunTrust will serve the community or Wall Street; 'we were willing to shock historical norms,' says Otting on OCC's makeover; is it too late for Congress to stop CECL?; and more from this week's most-read stories.

Following the FIS-Worldpay and Fiserv-First Data deals, the payments and bank technology industries are in the midst of major consolidation, and TSYS is looking for a merger partner to stay competitive.

Global Payments Inc. has held talks with Total System Services Inc. about a potential deal, according to people familiar with the matter, in what could be the third mega-merger in the payments industry this year.