Americas

Tom Meuser, the chairman of El Dorado Savings in California, said he could not get the necessary two-thirds backing from his shareholders because of recent declines in bank stock prices.

The 10 startups will receive initial investments, mentoring and training as part of the ICBA ThinkTECH Accelerator.

The number of states not allowing surcharging on credit card purchases continues to dwindle, as New York now gives merchants the option to charge fees as long as they make the costs clear to consumers.

After more than 60 years as Wepawaug-Flagg Federal Credit Union, the $116 million-asset institution has rebranded as Crosspoint FCU.

Shane Knighton, who previously worked at Member Business Lending, will take over for the retiring Gordon Dames, who served as interim CEO.

The agency is unable to process loan applications and faces a daunting backlog once Washington returns to work.

George Scharpf had been the New Jersey bank's leader since 1981.

The credit union said that it has hired a firm to find a replacement for longtime President and CEO Joseph Garay.

The $128 million acquisition will provide First Financial with its first branches in Kentucky and Tennessee.

Northeast Bancorp also expects the move to make it more efficient.