New York

The board of Projector Federal Credit Union said it was looking for a merger partner committed to providing high value for its membership.

Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis.

With values on multifamily properties soaring, some building owners are using aggressive tactics to push out existing tenants to make room for higher-earning ones. That’s raising questions about whether their lenders are abetting this behavior.

The company is once again positioning itself for growth now that it is no longer considered a systemically important financial institution.

The company has created a municipal group that will focus on nonpublic financing services at a time when loans to bond issuers are declining.

The asset milestone comes as Westbury, N.Y.-based Nassau Educators Federal Credit Union celebrates 80 years in business.

Within its complaint, a Long Island housing group claimed the CU violated state laws against discrimination, as well as the federal Fair Housing Act.

The New York bank, which is part of Leumi Group in Israel, is entering a new business line after spending years improving its infrastructure.

The New Jersey company will pay $76 million for a bank with a low loan-to-deposit ratio and an SBA lending platform.

A former chief financial officer at Hanover Bancorp is trying to separate the roles of chairman and CEO as part of a sweeping demand for change.