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The bank unit of Carver Bancorp in New York has been released from a cease-and-desist order by federal regulators.
November 4 -
BETHPAGE, N.Y. Growing concerns here regarding the risk of debit card fraud led Bethpage FCU to be the first CU to partner with CO-OP Financial Services and its CardNav app. After a 60-day trial, members are embracing the solution.
November 3 -
Suffolk Bancorp in Riverhead, N.Y., has sold its wealth management business to a unit of Provident Financial Services in Jersey City, N.J.
November 3 -
LONG ISLAND CITY, N.Y. United Nations FCU here has unveiled a mortgage lending program aimed specifically at boosting the credit union's penetration with a historically very reliable class of borrowers doctors.
October 31 -
Apple Pay scooped up one million payment cards in its first 72 hours, 60% of which were Visa cards, but MasterCard's chief executive still expressed optimism for the payment network's chances in the rapidly shifting mobile landscape.
October 30 -
Sterling Bancorp in Montebello, N.Y., realized a big efficiency gain after a major acquisition.
October 29 -
The $6.4 billion-asset bank said in a press release Tuesday that it has struck a deal with Aperture Media Partners, a film financing company in Los Angeles, to provide loans to the entertainment industry.
October 28 -
Flushing Financial in Lake Success, N.Y., reported higher quarterly earnings driven by securities gains and improved asset quality.
October 28 -
Profits rose at Bridge Bancorp in Bridgehampton, N.Y., on strong loan growth. The $2.2 billion-asset reported net income of $4.9 million in the third quarter, up 56% from a year earlier.
October 27 -
Hudson Valley Holding Corp. (HVB), a New York City-area lender with about $3.2 billion in assets, is exploring a sale, people with knowledge of the matter said.
October 27 -
The company's $800 million goodwill impairment charge may reflect macroeconomic factors, but also likely resulted from a purchase of HSBC branches two years ago. Other banks are unlikely to face the exact same issues, observers said.
October 24 -
Tompkins Financial in Ithaca, N.Y., reported slightly lower quarterly earnings due to higher costs and lower fee-based revenue.
October 24 -
First Niagara Financial Group in Buffalo, N.Y., reported a massive quarterly loss that had a number of large writedowns.
October 24 -
TrustCo Bank in Glenville, N.Y., reported higher quarterly earnings driven by increased lending. The $4.6 billion-asset company's third-quarter earnings rose 5% from a year earlier, to $10.7 million.
October 21 -
Empire Bancorp in Islandia, N.Y., posted stronger quarterly earnings after working to make loans a higher percentage of total assets.
October 21 -
Signature Bank in New York reported higher third-quarter profits driven by an uptick in commercial and multifamily lending.
October 21 -
Community Bank System in Syracuse, N.Y., reported higher earnings from a year earlier, as strong returns from investment services helped it overcome the cost of a legal settlement.
October 20 -
Arrow Financial in Glens Falls, N.Y. reported an increase in quarterly profit because of increased lending.
October 20 -
Astoria Financial in Lake Success, N.Y., set out a few years ago to become more commercially focused by going after more multifamily and commercial real estate loans. The goal is for such loans to make up 50% and at the end of the third quarter they were 38%.
October 17 -
JPMorgan Chase is in early negotiations to build a new headquarters complex in the area of New York's Hudson Yards, the burgeoning district under development on the far west side of Manhattan.
October 17






