Americas

Former Elevations Credit Union COO Jay Champion will take the helm at Westerra when CEO John McCloy retires in December.

From branch networks to technology and cybersecurity concerns, there's plenty to keep leaders of CDFIs and small CUs awake at night.

Bank Independent in Alabama is the latest small bank to start using Alexa, though implementation costs and security concerns continue to hold others back.

The New Jersey-based credit union aims to increase its technological offerings as a result of the conversion.

The change comes two months after the bank was spun off from its Venezuelan parent company.

Chinese tourists visiting the U.S. and Canada will be able to use Alipay at HMSHost-operated restaurants in most major airports.

Victor Miguel Corro, a former WOCCU staffer, has taken the helm at Coopera following Miriam De Dios Woodward's move to PolicyWorks.

Orrstown will pay $59 million in cash and stock to gain seven branches and $409 million in deposits.

Strong growth in the bank's core business of multifamily lending was offset by higher rates it paid on CDs and borrowed funds.

The results did not include the company's purchase of CoBiz, which closed last month.