New York

LATHAN, N.Y. — Community Resource Federal Credit Union's board of directors has named Terry Langlois as the new president and CEO, effective May 1.

It took Hudson City Bancorp in Paramus, N.J., less than two weeks to decide that it is still committed to selling itself to M&T Bank in Buffalo.

Hudson City Bancorp faces a U.S. government investigation into discriminatory lending practices, according to two people familiar with the matter, posing a potential new hurdle in the bank's long-delayed sale to M&T Bank Corp.

Financial Institutions Inc. in Warsaw, N.Y., increased the size of its debt offering by 14% due to high demand.

Financial Institutions Inc. in Warsaw, N.Y., has begun a $35 million debt offering to help fund growth.

Novantas, a New York-based bank advisory firm, has hired the former head of analytics for Bank of America.

An "unexpected" regulatory delay has forced M&T Bank in Buffalo, N.Y., and Hudson City Bancorp in Paramus, N.J., to delay their merger for the fourth time.

Home BancShares in Conway, Ark., has found another opportunity in the failure of Doral Bank.

NEW YORK — A Columbia University review of financial statements at merchants like Sony, Target and Home Depot reveals that merchants barely notice the financial hit they take as the result of data breaches.

RYE, N.Y. — PepsiCo Employees Federal Credit Union will merge into USAlliance Federal Credit Union, here, effective March 28.

Signature Bank in New York has opened a private banking office in Greenwich, Conn.

New York — McGraw-Hill FCU's "Financial Wellness Center" doesn't look like a typical credit union branch.

Financial Institutions Inc. in Warsaw, N.Y., has filed to sell up to $100 million in debt and equity.

NEW YORK — A new resource for small, minority-owned and faith-based credit union made its debut earlier this month.

Community and regional banks should be subjected to simpler rules than very large banks, the chairman and CEO of the Buffalo, N.Y., company said. In fact, size is the wrong determinant for risk-based regulation, he said.

Sterling Bancorp in Montebello, N.Y., has acquired payroll funding firm Damian Services Corp.

New York could soon start holding bank executives personally responsible for their institutions' anti-money-laundering controls, the state's top financial regulator said Wednesday.

Community Bank System in Syracuse, N.Y., has agreed to buy Oneida Financial in Oneida, N.Y.

NEW YORK — Does the Big Apple really need two credit unions to serve its law enforcement community?

New York Attorney General Eric Schneiderman has introduced a bill that would impose new regulations on employers that pay workers through payroll cards.