Florida

The $263 million portfolio has been covered by a loss-share agreement since an investor group bought the failed BankUnited in 2009.

Inclusiv's annual conference in Florida focused on the rocky road ahead for small credit unions – and how to ease the way forward.

City National Bank said the foundation will buy houses and hold onto them until the buyer lines up financing.

In remarks at the Inclusiv conference, NCUA Chairman Mark McWatters pledged to help small CUs but said they're responsible for their own business plan and can't expect NCUA to do the hard work for them.

From branch networks to technology and cybersecurity concerns, there's plenty to keep leaders of CDFIs and small CUs awake at night.

The change comes two months after the bank was spun off from its Venezuelan parent company.

The League of Southeastern Credit Unions & Affiliates has distributed more than $70,000 to help rebuild after the storm ravaged the Florida Panhandle.

BankMobile will remain part of Customers for at least two years after regulatory snags derailed a plan to transfer the unit to a Florida bank.

Donations to CUAid will go toward assisting credit union employees and volunteers impacted by the storm.

The storm could impact as many as 57,000 homes and cause more than $13 billion in damages, according to one estimate.