Americas

Credit unions can usually limit attrition of consumer accounts after a bank acquisition, but maintaining relationships with business customers is the bigger challenge.

Ron Rubin, on leave after a sexual harassment complaint, filed a lawsuit claiming that the state's chief financial officer, through an intermediary, sought a $1 million contribution as part of a quid pro quo to get the job.

The deal with Frandsen Financial is the 12th bank M&A transaction this year involving a seller in Wisconsin.

Seed, a San Francisco startup, has developed a platform that lets small businesses quickly open accounts online. That's an important feature for Cross River as it courts more fintech clients.

Kelly McDonough will take over next month, nine months after the $289 million-asset shop's former CEO left to lead a CUSO.

Companies that offer early access to earned wages want a regulatory framework for their fast-growing industry. But the bill under consideration in Sacramento is exposing big divisions in the sector.

Shore Community Bank, which has five branches in Ocean County, will sell for $53 million.

Sterling Bancorp must enhance its BSA policies and hire an outside firm to review its account activity.

Independent Bank in Texas, the seller, gained the business after buying Guaranty Bancorp.

Mary Hughes, acting director of finance at the Idaho Department of Finance, will receive the trade group's annual award during its 2019 State Summit.