Location Root Tag

ST. PAUL, Minn. — Minnesota's Prize-Linked Savings Bill made another crucial step toward passage Thursday.

FirstBank in Lexington, Tenn., has agreed to buy Northwest Georgia Bank in Ringgold.

RANCHO CUCAMONGA, Calif. — Good news for stragglers — It's not the end of the world if you're not ready for the EMV liability shift that takes place on Oct. 1.

It's not just about the new name and brand. Vibrant CU, previously named DHCU, has embarked on a full-scale culture change, as well, seeking to create an enhanced member experience that will lead to deeper relationships that are more profitable for the member and CU alike.

Ocwen Financial's shares jumped 19% to more than $10 a share as of late morning Friday, the day after it reported a first-quarter profit and highlighted an expansion into mortgage lending.

Hanmi Financial has opened loan production offices in New York and Georgia.

First BanCorp in San Juan, Puerto Rico, has been released from a consent order with the Federal Deposit Insurance Corp.

Simmons First National in Pine Bluff, Ark., has agreed to buy Ozark Trust and Investment Corp. in Springfield, Mo.

The $129 million-asset bank said in a press release Thursday that Robert O’Donnell will remain its chairman even though he is retiring as CEO.

Hudson City Bancorp in Paramus, N.J., reported a staggering plunge in earnings after an unexpected delay of its sale to M&T Bank.

Another Bank of America executive has joined Novantas, a maker of financial-analytics software for banks.

HarborOne Bank announced Wednesday that it will acquire Merrimack Mortgage Co. Terms of the transaction are undisclosed.

ST. JOSEPH, Mich. — United Federal Credit Union announced Friday its president/CEO as well as the $1.8 billion institution's board chairman are retiring.

The Los Angeles bank, which is in the process of being sold, vows to fight a Labor Department complaint that it overcharged employees for administering their retirement plan.

BOULDER, Col. — The "merger of equals" here between Premier Members FCU and Boulder Valley CU has crossed the final item off its "to do" list.

HARLAN, Iowa — Town & Country Credit Union, here, has chosen the Sharetec System as its new core processor.

HOUSTON — Houston Metropolitan Federal Credit Union said Barbara Stephens will retire after 23 years as its president and CEO, with Malcolm René scheduled to take the helm on June 1.

New York Gov. Andrew Cuomo and New York Superintendent of Financial Services Benjamin Lawsky today proposed new regulations for the title insurance industry, including restrictions on meal and entertainment expenses.

TOLEDO, Ohio — Toledo Metro FCU announced that Dan Zimolzak is the new president/CEO of the $40 million institution.

New York Community Bancorp in Westbury reported higher quarterly profit, though it continued to sell loans to stay below $50 billion in assets.