New York

New York Attorney General Eric Schneiderman on Friday announced his support for a proposal in the state legislature to regulate prepaid debit cards used by employers to pay wages.

Signature Bank (SBNY) in New York plans to sell 2.1 million new shares of common stock.

Shareholders at New York Community Bancorp (NYCB) have rejected the company's compensation packages for top executives.

NEW YORK — The National Federation of Community Development Credit Unions is in the midst of a long-term project to help small credit unions reduce expenses around core banking systems and find efficiencies though collaboration.

An appeals court on Wednesday voided a controversial decision in 2011 by New York Judge Jed S. Rakoff, saying he erred in scuttling a $325 million settlement between the Securities and Exchange Commission and Citigroup (NYSE: C).

Astoria Financial has shifted its attention away from residential mortgages to becoming a full-service bank that offers business banking and commercial real estate loans.

Astoria Federal Savings (AF) in Lake Success, N.Y., has changed its name to Astoria Bank.

NBT Bancorp in Norwich, N.Y., has prepaid about $165 million in Federal Home Loan Bank borrowings.

Financial Institutions (FISI) in Warsaw, N.Y. has agreed to buy Scott Danahy Naylon, an insurance agency in Amherst, N.Y.

The northeastern regional pays another six-figure severance.

Investment program managers say the trend is working out well for them.

As NYCB approaches $50 billion in assets, editor Heather Landy questions where we've drawn the line designating systemically important financial institutions.

Gold Coast Bank in Islandia, N.Y., announced that Chief Executive Joseph Perri has resigned.

New York consumers who paid exorbitant interest rates to the online lender Western Sky and the online loan servicer CashCall can begin filing claims to collect refunds.

Second Curve Capital in New York cashed out of two bank holdings in the first quarter.

The Rent Stabilization Association of New York, a landlord group, and Housing Partnership, a nonprofit, have jointly launched a brokerage to connect owners of small and midsize New York apartment buildings with banks and lenders.

NEW YORK — Credit unions looking to enhance their respective bottom lines have no shortage of vendors vying to prove they have the best-in-breed solutions. To remain competitive and forward-looking, vendors are continually taking proactive measures, including fielding client feedback.

First Niagara Financial (FNFG) in Buffalo is shelling out another six-figure sum for severance tied to an ousted executive.

Kinderhook Bank in New York has raised $7.4 million after selling preferred stock.

The New York company has emerged from a regulatory order with a stated goal of branching out from a longtime focus on commercial real estate by adding specialty-lending lines. Now management is looking to leverage a huge cash buffer and strong deposit base.