New York

Paul Aguggia, a lawyer before leading Clifton Bancorp, has become a partner at Holland & Knight in New York.

The Poughkeepsie, N.Y.-based credit union agreed to pay $95,000 to settle claims that it incorrectly repossessed vehicles of service members.

Strong growth in the bank's core business of multifamily lending was offset by higher rates it paid on CDs and borrowed funds.

New York's new AML rules clarify how institutions should monitor transactions and screen sanctions lists issued by the US Office of Foreign Assets Control (OFAC). But critically, it goes a lot further, writes Sophie Lagouanelle, Head of Solutions at Accuity.

Kam Wong has been accused of submitting requests for fake expense reimbursements when he ran Municipal Credit Union.

The company will record a quarterly charge after reporting potential fraud tied to commercial deposit accounts.

NCUA liquidated LOMTO Federal Credit Union following years of significant losses due to poorly performing taxi medallion loans.

The $1.1 billion-asset credit union will move to Fiserv's DNA platform while implementing other services from the technology provider.

The resulting institution will hold more than $1.6 billion in assets and serve nealry 50,000 members.

Bennett Bradley, BB&T's chief digital officer, discusses how an investment in Enigma, which helps companies leverage data, fits within the regional bank's fintech strategy.