Americas

Attorney General Barbara Underwood’s office is looking into whether merchant cash-advance companies engaged in fraud or abused the state court system.

Citizens Community Bancorp is selling its Rochester Hills, Mich., office to Lake Michigan Credit Union.

The credit union also reported increases in loans and membership.

The Mt. Pleasant, Wis.-based credit union has returned more than $7 million to members in the last three years.

Last week the car manufacturer said it would cut jobs and close factories. Now credit unions in the affected areas are considering how the news will affect their members and themselves.

Most CUs in the Anchorage area were closed Friday as residents and officials evaluated damage to facilities and infrastructure.

Bernie Winne has been named temporary leader as the trade group searches for a successor to Paul Gentile.

Its bid for El Dorado Savings wasn’t the highest, but PacWest's image as a skilled dealmaker added value to its offer in the seller’s eyes.

The Panama City, Fla.-based institution has given $50 to members impacted by the storm while also providing free gas, Thanksgiving turkeys and more.

The Utah-based CU is issuing a nearly $2 million rebate for 2018 and has returned $13 million to members over last 15 years.