The Latest

New York Community has long wanted a deal to push it over $50 billion of assets. While Astoria accomplishes that, it does little to diversify New York Community's geography or reduce its reliance on multifamily lending.

Promotions announced at Security Service FCU and other credit union professionals in the news.

Cybersecurity expertise is helping more women get board seats, as is the British government; MUFG Union's Stephen Cummings calls for faster progress on the diversity front; JPMorgan's Eileen Serra announces a new mobile wallet called Chase Pay; and Deustche's Susan Skerritt shares some leadership lessons.

Webster Financial in Waterbury, Conn., has promoted its head of commercial banking to president of Webster Bank and its holding company.

NEW HAVEN, Conn. — The third quarter of 2015 brought 70 new compliance items to credit unions, requiring 2,231 pages to process and expenditure of $29,145, according to advisory firm Continuity.

United Bankshares in Charleston, W.Va., recorded profit growth in the third quarter on higher average earning assets.

American Express Co. and merchants fighting the company over rules governing credit-card fees are headed back to the negotiating table.

The Consumer Financial Protection Bureau has fined two large employee background screening companies a total of$13 million for creating inaccurate reports.

Visa is nearing an acquisition of Visa Europe in a deal that could be announced as early as Monday, according to a report in The Wall Street Journal.

California’s Richmond Community Foundation will pursue a new social impact bond vehicle with a $3 million revenue bond private placement it hopes to close next month with the local Mechanics Bank.