New York

Sterling Bancorp in New York is determined to turn Astoria Financial's largely residential operation into a commercial powerhouse. While investors are skeptical, CEO Jack Kopnisky has proven in the past that such an ambitious plan is doable.

Most of Sterling Bancorp's operations are in San Francisco and Los Angeles. The company plans to use some of the $93 million it will raise to expand in New York and Seattle.

New York plans to dramatically digitize its subway system, phasing out its iconic MetroCard to install contactless tap-and-go technology, bringing a dose of the 21^st century to a system that dates to 1904 but often feels even older than that.

Evans Bancorp in New York believes the business is ill-suited for community banks and that it can draw unwanted attention from regulators.

Strong loan growth at the Miami Lakes, Fla., company more than offset an increased loan-loss provision tied to Hurricane Irma and continued weakness in taxi medallion lending.

Palisades FCU will assume the New York City-based credit union’s members, shares and loans.

Growth in asset servicing offset declines in fees from foreign exchange and depositary receipt activity.

New York credit union is converting to the Symitar Episys core processing system, as well as a suite of related solutions from Synergent.

Chinese tourists visiting the U.S. may begin paying cab fares via Alipay this month in Las Vegas and next month in New York through an expanded acceptance deal with Verifone.

Harms succeeds longtime CEO Craig Mellenthien, who retired after 23 years at the credit union.