Americas

It could be time for credit unions to rethink emergency plans after a second active shooter struck a bank branch in about four months, industry experts said.

The Pennsylvania company said it expects the digital bank to become profitable by the end of this year.

An improved net interest margin helped offset a slight decrease in fee income at the Wisconsin company.

The Lake Mary, Fla., credit union has agreed to buy Fidelity Bank of Florida, which the SBA designated as a certified lender in 2017.

Three groups in North Carolina have scrapped plans to start banks because of difficulty raising capital, among other reasons.

Police in Sebring, Fla., have yet to determine a motive for the attack in which four SunTrust workers and one customer were killed. The shooter, Zephen Allen Xaver, has been arraigned on five counts of first-degree murder.

Trade groups have filed paperwork supporting two Michigan credit unions facing ADA suits, but a similar suit against Domino's Pizza could cloud the issue.

Ken Bixby worked as an examiner for the federal regulator before joining the trade group in 1982.

The New York company will add $504 million of asset-based and equipment finance loans as part of the acquisition.

The Boston company reported a quarterly profit despite special charges, mortgage headwinds and lost SBA revenue tied to the partial government shutdown.