Community banks and credit unions fear a Senate plan and other legislative ideas will nullify steps taken by Fannie Mae and Freddie Mac that have made it easier for smaller institutions to compete. ... Read full article
Fairwinds Credit Union will buy Friends Bank. It is the third time this year that the Florida bank has agreed to sell to a credit union. ... Read full article
Nine banks agreed to be sold to credit unions last year. Some industry observers believe that number could double this year. ... Read full article
Superior is the latest credit union to announce an acquisition involving a bank. ... Read full article
On Sep. 30, 2018. Dollars in thousands. ... Read full article
On Sep. 30, 2018. Dollars in thousands. ... Read full article
On Sep. 30, 2018. Dollars in thousands ... Read full article
On Sep. 30, 2018. Dollars in thousands. ... Read full article
On Sep. 30, 2018. Dollars in thousands. ... Read full article
On Sep. 30, 2018. Dollars in thousands. ... Read full article
One bank's push to use Ripple's XRP in cross-border payments; LendUp spins off credit card business, names new CEO; a worrisome resurgence of rivalry among the banking agencies; and more from this week's most-read stories. ... Read full article
Readers weigh in on pushback by appraisers to a new regulatory proposal, consider credit card issuers' role in the gun debate, respond to recent credit union mergers and more. ... Read full article
The banking industry is unduly worried that recent credit union deals could open the door for anyone to join. ... Read full article
Slumping stock prices may force banks to press pause, but the need for low-cost deposits and scale could provide a spark later this year. ... Read full article
Both sides acknowledge where expectations haven't been met, and are feeling the same market pressures to adapt faster. ... Read full article
The move is sure to draw criticism from bankers because it would allow credit unions to compete for backing from private investors. ... Read full article
CUNA Mutual, a service provider to credit unions, recently bought Mirador, which is heavily dependent on bank relationships. The challenge now is keeping those clients in the fold. ... Read full article
Executives urged the consumer bureau at a public meeting to keep a closer eye on artificial intelligence innovations developed by fintech firms that are subject to less regulation. ... Read full article
Mirador's digital-lending platform lets banks and credit unions make decisions on loans within 24 hours. ... Read full article
Citizens Community Bancorp is selling its Rochester Hills, Mich., office to Lake Michigan Credit Union. ... Read full article
