New York

It might make sense to scrap a decades-old name, especially for banks with aggressive growth plans.

On one hand, banks could face regulatory pressure to restrict services to the firearms industry. But banks that take a strong stand also risk the wrath of GOP lawmakers opposed to such restrictions.

The company, which reported a slight decline in loans, lowered its expenses during the first quarter.

The Florida bank's placement of all taxi loans on nonaccrual status in recent months strengthened its bottom line in the first quarter.

Nearly a third of NBT Bancorp's revenue comes from fee businesses, though it took patience, several acquisitions and a tolerance for added regulation to get there.

The California company, which also focuses on Asian-Americans, agreed to buy First American International.

“We know we've said this before, but we do feel we've put this behind us now,” Joseph DePaolo said Thursday.

The custody bank benefited from a wide range of economic forces in the first quarter.

Despite catastrophic disruption, the taxicab industry—and the lenders that serve it—are still alive. Here's how one medallion lender is moving forward.

Albany, N.Y.-based Health Employees Federal Credit Union will merge into State Employees Credit Union in June if regulators approve the deal.

Credit union veteran Thomas Pisano will serve as president and work alongside CEO Dan Rourke until he retires early next year.

The deal for Retirement Plan Services, which provides recordkeeping for employers nationally, is NBT's fourth acquisition of a retirement services firm since 2015.

New York state's pension funds are urging credit card companies to consider following Citigroup's lead in cracking down on gun sellers.

UBS agreed to pay $230 million to resolve a New York state probe into the Swiss bank's marketing and sales of residential mortgage-backed securities before the financial crisis, boosting the state's recoveries in the investigation to almost $4 billion.

Financial Institutions, the parent of Five Star Bank, was hit with a "needs to improve" rating after a review of its activities from 2011 to 2013.

Juntosavanzamos.org is designed to help consumers locate credit unions that participate in the rapidly growing Juntos Avanzamos program.

Doubling down on its surprise pivot to blockchain technology, the former parent company of Long Island Iced Tea—now Long Blockchain Corp.—is buying a U.K. tech firm specializing in distributed ledger technology and cryptocurrency.

The company received bad news about the commercial loan after it reported a narrow profit in mid-February.

Citigroup plans to launch an online bank that will be marketed nationally. It is one of several large companies with an online bank or niche platform in operation or on the drawing board.

Sterling would gain $458 million in loans and an origination platform by acquiring Advantage Funding Management.