The Federal Reserve proposed rules for stablecoin issuers Thursday, which would require issuers to back stablecoins with certain “high-quality, liquid assets” such as Treasury bills and would create ...

The CEO of a Saginaw, Michigan-based credit union has left the company after photos on Facebook appeared to show the executive and her family wearing “Lake America” sweatshirts. Family First Credit ...

The transaction, set to close in the first quarter of 2027, gives Southwest Capital a landing spot after a previous tie-up with a credit union collapsed.

Bank of America's Sharon Miller says competitors recognize business owners as a fountain of leads for cross-selling opportunities and are chasing that business, too.

Chief Risk Officer Derek Flowers will retire from Wells Fargo in mid-January, and Powell will transition to that role, the bank said.

A charter from the Office of the Comptroller of the Currency would allow the Chicago-based fintech to expand its credit products, diversify beyond them, and reduce its cost of funds, the CEO said.

An appeals court should reverse the reinstatement of two fired NCUA board members because the law doesn’t explicitly forbid ...