New York

Digital Federal Credit Union of Marlborough, Mass., and USAlliance Federal Credit Union of Rye, N.Y., have launched new mobile banking apps that feature integration with wearable devices.

Student lending startup CommonBond has hired Morgan Edwards, a longtime Wall Street leveraged debt specialist, as its chief financial officer.

Two Florida men with connections to a $200,000-asset New Jersey credit union are being investigated by the FBI for running an unlicensed Bitcoin exchange for the purposes of money laundering.

New York Community Bancorp in Westbury reported a modest increase in quarterly profit that included asset sales.

Signature Bank in New York reported higher second-quarter profit due to a rise in interest-earning assets.

The Federal Reserve Board issued an enforcement action against one of the biggest banks in China on Tuesday, ordering its New York branch to undergo broad restructuring of its anti-money-laundering compliance program.

Signature Bank in New York hired a BankUnited executive and four salesmen and underwriters for its new direct commercial-vehicle financing business.

Preferred Bank in Los Angeles has agreed to buy United International Bank in Flushing, N.Y.

M&T Bank in Buffalo, N.Y., reported higher quarterly profit that reflected increased fees and higher net interest income.

Hudson River Community Credit Union and Capital Communications Federal Credit Union jointly announced their participation in the CO-OP Shared Branch Network.

Signature Bank in New York has partnered with Financial Software Solutions to expand the products and services that it offers bankruptcy trustees.

Signature Bank in New York has formed a subsidiary to specialize in municipal finance and hired three executives for the division.

Chemung Financial in Elmira, N.Y., has promoted Anders Tomson to president and chief operating officer. Tomson had been president of Chemung Financial's Capital Bank, the name the company uses in its Albany County and Saratoga County, N.Y., markets.

Suffolk Bancorp in Riverhead, N.Y. has promoted Anita J. Nigrel to executive vice president and chief retail officer, a newly created position, effective Monday.

New York City's affordable housing stock will get a boost from Bank of America Corp. and Citigroup Inc. as part of settlements resolving mortgage-bond practices that led to the 2008 financial crisis.

Actors FCU executive says CU made FinCEN's list for one simple reason: it was doing exactly what it was supposed to do.

M&T Bank in Buffalo, N.Y., has named Robert Brady vice chairman and lead independent director.

Anthony Albanese, the top deputy to New York bank regulator Benjamin Lawsky, will become acting head of the state's Department of Financial Services when his boss steps down next week, signaling little change in that office's aggressive stance on financial enforcement.

As credit unions are scrambling to be ready for the Aug. 1 implementation of the new TILA/RESPA disclosures, they're also bracing for the next compliance storm headed their way: new HMDA data collection requirements.

HAUPPAUGE, N.Y. — Hudson Valley FCU here has launched a new brand to better reflect the credit union's connection to consumers and businesses it serves throughout upstate New York.