Kristin Broughton

The Credit Union National Association has named the winners of its 2014 Community Credit Union of the Year Awards.

Banks have increased fees for overdrafts and out-of-network ATM transactions in the past year, according to data released Monday by Bankrate.com.

Payment software provider Fundtech has released an updated version of Global Payplus, its platform for processing different types of currencies.

One in five consumers with bank accounts also use high-interest, alternative financial products, according to a recent survey from TD Bank.

The Federal Deposit Insurance Corp. in August issued eight consent orders and one civil money penalty, according to its latest monthly roundup of enforcement actions released Friday.

Hudson City Bancorp in Paramus, N.J., has sold $112.1 million in delinquent, FHA-backed mortgages.

Putnam County Savings Bank in Brewster, N.Y., has agreed to buy CMS Bancorp in White Plains, N.Y.

AmeriServ Financial in Johnstown, Pa., will take several charges in coming quarters, including one tied to litigation and client loss in its investment advisory business.

New York Gov. Andrew Cuomo has signed into law a measure that allows financial institutions to offer raffle-style programs to encourage saving.

Highlands Bancorp in Vernon, N.J., has lined up its next chief executive.

The prepaid card company Blackhawk Network has agreed to acquire Parago, a customer engagement firm, for approximately $290 million.

New York Gov. Andrew Cuomo has signed into law a measure that allows financial institutions to offer raffle-style programs to encourage saving.

First Citizens BancShares in Raleigh, N.C., will add three directors after it completes its acquisition of First Citizens Bancorp. in Columbia, S.C.

Add Citigroup to the growing list of banks that are offering all-digital, no-fee checking accounts.

First Connecticut Bancorp in Farmington is expanding into Massachusetts.

A pair of banking companies announced plans to consolidate their community bank brands.

Webster Financial in Waterbury, Conn., has agreed to buy JPMorgan Chase's health savings account business.

BBCN Bancorp in Los Angeles has signed a memorandum of understanding with the city of Seoul aimed at expanding the bank's business in South Korea.

PayItSimple, a credit card installment provider based in Herzliya, Israel, has announced its launch in the United States.

Wellesley Investment Partners in Massachusetts has named Louis Crosier president.