Americas

OUR Community Bank would focus on small-business loans with an emphasis on underserved Hispanic and Latino communities in South Florida.

SmartChoice Credit Union, which holds less than $1 million in assets, has been penalized for failing to properly complete FinCEN searches.

MetroCity Bankshares has said it could use the proceeds to open branches or pursue acquisitions.

The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it’s trying to craft a successful growth strategy while reassuring investors it isn’t overreaching.

Maine Harvest Federal Credit Union, which will serve farmers and the food industry, opened this week and aims to make $12 million in loans over the next six years.

A strong economy, low-cost deposits and disruption from M&A are presenting opportunities.

The state's Democratic-controlled Legislature has enacted laws establishing data privacy rights, giving municipalities the ability to set up public banks, and requiring standardized disclosures on small-business loans, among other issues. Lawmakers elsewhere are taking notice.

Associated Credit Union became the latest institution to provide cancer screenings to employees when it organized mammograms at its headquarters this week.

One bill would tax credit unions in the Sunflower State with at least $100 million in assets.

The banking trade group is asking for an en banc rehearing of its field-of-membership challenge before all 17 judges of the D.C. Court of Appeals.