Wealth management

Credit unions are helping out in a number of ways, including one institution that provided scholarships to student who excelled at a game about personal finance.

Credit Union Trust, a new credit union service organization, has obtained a bank charter that it will use in offering trust and investment-related services.

Vernon Hill's U.K. bank sold $479 million of new stock and issued fresh details about its turnaround efforts. Those included plans to cease its controversial practice of purchasing design and branding services from a business owned by Hill's wife.

Meridian Corp. may have breached sales agreements after originating nearly $100 million in loans in a state where it lacked a license.

As Metro Bank’s problems mount, calls for Hill’s ouster as chairman are getting louder.

The total includes donations to community groups helping low-income people, support for the development of financial coaching programs and investment in the creation and testing of fintech tools that can help underserved people.

The Illinois company will gain six offices after it buys Investors' Security Trust.

The U.S. government stepped up collections on delinquent student debt to $2.9 billion last year — or an average of $1,000 from 2.9 million former students and their cosigners, according to the Treasury Department.

The London bank, founded by American entrepreneur Vernon Hill, has lost three-fourths of its market value since British regulators found that some of Metro’s mortgages were given the wrong risk weighting.

Plinqit, led by a former banker, was developed specifically for community banks as a way to appeal to young customers.