Americas

The company said it is trying to improve shareholder returns as rising rates cut into its net interest margin.

The North Carolina company reported slightly lower costs and a stable net interest margin in the third quarter.

The Connecticut company also reported modest loan growth and a greatly improved net interest margin.

The company will pay $42 million for Oak Park River Forest Bancshares.

David Reed, a Republican, is stepping down as a state legislator after redistricting cost him a shot at a congressional seat.

This week marks the official start of Canada’s legalized recreational cannabis industry — and American Express, Visa and Mastercard are ready to handle the new market's payments, in a stark contrast to their stance in the U.S.

Mark Decello will take over for Gerald Guy, who has served as president and CEO at KEMBA for 30 years.

Richard Onishi, a longtime credit union board member, is running for a fourth term as a Hawaii state representative.

Credit unions based on the island made history receiving CDFI grants for the first time ever, but larger issues tied to population decline remain.

John Kolhoff will lead the Credit Union Commission of Texas starting in early December.