New York

Both institutions will see an expanded field of membership as a result of the charter change.

Ticonderoga Federal Credit Union will become TrailNorth Federal Credit Union starting on Jan. 1.

The New Jersey company will pay $63 million for the parent of Victory State Bank.

Industrial Bank CEO Doyle Mitchell has spent countless hours in New York since his bank bought the failed City National in November, meeting with existing customers and plotting his growth plans.

The upstate New York company will gain branches in Rochester as part of its $35 million purchase of FSB Bancorp.

The Pennsylvania company will pay $65 million for six branches that will join its Buffalo, N.Y., division.

New York is the latest state to change its statutes regarding public deposits and credit unions as more institutions seek out strategies to boost liquidity.

Going contactless has been a bigger challenge in New York because of the size and complexity of its transit systems.

Those yard-long paper receipts that spew from cash registers may be following plastic bags and foie gras into the dustbin of New York City history.

The Albany-based credit union has picked up tiny City of Schenectady Employees FCU, which has struggled with profitability issues for years.