New York

The Los Angeles bank is taking its wealth management and entertainment financing businesses to Miami and Long Island as part of its effort to expand nationally.

The company agreed to buy Steuben Trust for $107 million.

Prosecutors allege that Sylvia Ash, a judge in Brooklyn, N.Y., helped Kam Wong, the former CEO of Municipal, cover up his fraud scheme.

The company has agreed to buy a portfolio of commercial loans from Santander Bank.

Ziv Biron succeeded Uri Levin, who was named CEO of Discount Bank, IDB's Israeli parent company.

Transit systems want to use contactless and open payment systems to address ridership declines, an innovative strategy that nonetheless is riddled with pain points due to how transit has traditionally modernized.

With the pace of credit unions gaining CDFI certification already slowing, a change to how the Treasury Department reviews applications could have an impact on institutions receiving grants.

The Kingston, N.Y.-based institution can now serve those who live and work in seven counties.

Christina Sauve will succeed Ron Ehrenreich, who founded the institution.

The name Jovia is a reference to the word jovial and is intended to inspire trust and optimism.

The company will offer deposit-related services to firms with permits for hemp and CBD.

Members of Postal Employees of Troy, N.Y. Federal Credit Union approved the transaction earlier this week.

The loan participation has been flagged for potentially fraudulent activity.

The company says its exposure involves a participation loan to a business customer for which it was the originator.

Donald Wetzel, the man who devised the first U.S. cash dispenser, says automated tellers will always exist — even as they evolve beyond their initial purpose.

The Poughkeepsie, N.Y.-based institution will be able to serve a dozen counties after the change takes effect on Oct. 1.

The proposal's aim is to ensure borrowers are treated fairly and would require companies, including CUSOs, to submit licensing applications.

As major U.S. cities continue to implement contactless tap-and-go acceptance to collect transit fares, at least one bank sees this trend as an opportunity to put its cards on center stage.

Alternatives Federal Credit Union is making loans to pay for gender-reassignment surgery, but the initiative has bothered some members.

Christopher Maher is kicking the tires on an "acquisition of size" that would propel the New Jersey bank across the $10 billion-asset mark.