Americas

First Community Bankshares will buy Highlands Bankshares for $91 million.

The company says its exposure involves a participation loan to a business customer for which it was the originator.

Academy Bank in Kansas City, Mo., which shuttered nearly a quarter of its branches between 2015 and 2018, is now in expansion mode. Its CEO explains his renewed affinity for brick and mortar.

The California Senate passed a bill that could force Uber and other gig economy giants to reclassify their workers as employees.

The Texas-based institution will work alongside CU Financial Group to provide insurance solutions for members

Many Americans are behind in their retirement planning but less than 20% of credit unions provide wealth-management services.

The unnamed borrower was the victim of an alleged scam by another company.

The Cincinnati bank applied in May to convert its Ohio state charter amid an expansion into Texas and Colorado and the completion of its merger with MB Financial.

The chairman of the National Credit Union Administration gave CU Journal more details on the agency’s forthcoming rule providing guidance for credit unions purchasing banks.

A proposed combination of First Defiance and United Financial is designed to create an Ohio company that can better weather shocks from lower rates and economic uncertainty.