Americas

With coronavirus cases on the rise, Hoosier Hills CU in Bedford, Ind., has chosen to temporarily restrict access to its facilities. Observers say other institutions are likely to follow suit eventually, whether they want to or not.

Jay Williamson will take over at the Sierra Vista, Ariz.-based institution after Brian Barkdull retires.

The deal will expand the credit union's reach into western Michigan at a time when a growing number of banks are trimming their networks.

Members of First Choice Community Credit Union will have access to mobile banking and other products once the institution becomes part of Credit Union of Ohio.

An appeals court upheld an 1895 state law that bars paying for rides to voting sites, a move one observer suggested is part of a broader partisan fight to impact voter turnout.

Equity Bank agreed to buy most of the assets, and assume all the deposits, of Almena State Bank.

Ann Goldinak will take the helm of the New Jersey-based credit union when John Culp retires in December.

The bank said the move will give it more flexibility for raising capital.

The Connecticut company, which began reviewing its operations in January, said the effort gained momentum when the coronavirus pandemic hit.

The company will close nine branches over the next three months.