New York

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.

The New York Credit Union Association (NYCUA) announced that it has signed a letter of intent to sell its card services subsidiary Covera Solutions Inc., to CO-OP Financial Services.

NEW YORK — The National Federation of Community Development Credit Unions (Federation) released a report that delves into the financial struggles faced by very poor individuals, those with annual household incomes below $20,000.

Wells Fargo has agreed to pay $4 million to settle charges that it made secured credit card loans in violation of New York law.

Flushing Financial in Lake Success, N.Y., has expanded its business banking operations to Manhattan.

Hudson Valley Holding in Yonkers, N.Y., swung to a profit as it prepares to sell itself to Sterling Bancorp in Montebello, N.Y.

SALT LAKE CITY — The "Credit Union Difference" is on display in Times Square thanks to Children's Miracle Network Hospitals, which is running an enormous electronic billboard there to thank Credit Unions for Kids and COO-OP Financial Services for all they do to benefit kids.

New York Community Bancorp wants Washington to raise the asset size for systemically important financial institutions, but in the meanwhile its asset sales to stay under the threshold helped to boost profits and its CEO is pursuing possible M&A deals.

Predictions for a massive winter storm in the Northeast have prompted banks in the region to close branches and delay earnings calls.

Signature Bank in New York reported higher fourth-quarter profits on growth in commercial loans.

Cathay General Bancorp in Los Angeles has agreed to buy Asia Bancshares in New York.

Regional banks M&T and Regions Financial continue to see healthy loan growth, but low interest rates (combined with their own special problems) are preventing them from translating it into higher profits.

M&T Bank in Buffalo, N.Y., reported a higher quarterly profit as lower expenses offset tighter margins.