Americas

The St. Joseph, Mich.-based institution faced claims that it didn't properly opt members in to its overdraft program.

Large banks are going from more rural areas to expand in cities like Pittsburgh. Credit unions in the affected markets will have to adapt to survive.

The Michigan company disclosed that an unnamed client made a large payment on a $6.5 million nonperforming loan.

Ron Baron had been serving as interim president and CEO for the Delaware-based institution before being given the job permanently.

The New Jersey company was reportedly shopping itself around last fall. Fresh off an agreement to buy Gold Coast Bancorp in New York, CEO Kevin Cummings says he is ready to explore other acquisitions.

Square has launched Square Terminal in Canada in an effort to lure merchants that use myriad iPads, tablets and smartphones to receive payments in stores and remotely.

Ancora Advisors also suggested that the company get rid of its current management team.

Sen. Susan Collins stopped by the Maine Credit Union League while other institutions supported local teachers and charities.

The bank will buy First State Bank of Mobeetie.

The New Jersey company will pay $284 million for Two River Bancorp and Country Bank Holding.