Americas

New legislation in Iowa that allows banks and credit unions to use electronic notaries could help local lenders compete with online competitors.

The Michigan company said the loan — made to a borrower that plans to shut down its reverse mortgage business — has collateral.

New legislation in Iowa that allows banks and credit unions to utilize electronic notaries could help local lenders compete with online competitors.

State officials are looking into a sexual harassment complaint filed against Ronald Rubin, Florida's recently appointed top banking regulator.

The deals lets a North Carolina group skip the de novo process. West Town, which sold the bank, will use the funds to support a fast-growing business line.

Housing advocates and Democratic lawmakers want to create more protections for tenants of rent-controlled apartments, but they are facing stiff opposition from property owners and the banks that lend to them.

Maurice Smith, a former CUNA board chair with more than 35 years in the credit union movement, will receive the award during the African-American Credit Union Coalition's annual conference this summer.

Heightened regulatory scrutiny and a slowdown in commerce have raised concerns about the viability of doing business along the U.S.-Mexico border.

The city, among the Midwest's most vibrant C&I markets, is luring community banks, as well as giants like PNC and JPMorgan Chase.

The company said it could use proceeds from selling common and preferred stock to increase lending and add branches.