Ken McCarthy

The bank, between 2017 and 2021, failed to provide mortgage services to predominantly Black and Hispanic neighborhoods in Charlotte and Winston-Salem, North Carolina, the agency said.

The U.K. bank launched a long-awaited three-year plan Tuesday to split itself into five divisions and cut £2 billion in costs.

WASHINGTON — Credit unions are bracing for expanded rulemaking on compliance — and perhaps examinations — as the National Credit Union Administration board now has a Democratic majority.

The Federal Reserve’s instant payment network–FedNow–turns one year old July 20, and if usage and adoption was a bit slow out of the gate, that is no longer the case.

What are the hottest positions for community financial institutions to fill in 2024?

The cost of technology and the pace of digital innovation are proving to be among the major hurdles for smaller credit unions as they fight to stay relevant and find new members.

In the aftermath of a mega-merger announcement that rocked the credit union world, industry insiders are weighing in on what it could mean not only for the involved companies but for the industry at large.

With more than a month remaining before the calendar flips to a new year, 2024 has already shattered the previous record for most credit union-buying-bank deals ever announced.

The National Credit Union Administration has finalized a rule to improve board and executive succession planning within the credit union industry.

Most observers of the credit union industry believe the outlook for the space is generally positive heading into 2025, but of course there are headwinds.