Americas

Regulators have approved the merger of Vibe and Okland County Credit Unions, which is expected to take effect early next year.

Maria Tedesco's duties will include oversight of commercial, business and consumer banking at Union Bank & Trust.

Kanas, who returned to the banking industry as part of the recapitalization of the failed BankUnited, will relinquish the company's chairmanship at the end of this year.

Varo Money just received conditional approval from the OCC. Now it has to raise capital, create a CRA plan and get a go-ahead from the FDIC.

A former employee in the VyStar Credit Union mail room has been charged in a case involving mail fraud and millions of dollars in stolen stamps.

The Tennessee regional said the sale should boost quarterly profit by $160 million.

The Los Angeles company will also gain its first branches in Nevada after completing the $467 million acquisition.

The law could further boost the state’s already vibrant financial services sector as well as spur additional innovation across the state’s economy, writes Valentina Isakina, financial services marketing director for JobsOhio.

With the large storm threatening coasts in Virginia and the Carolinas, some banks are planning to shutter branches for the rest of this week.

Entrust Financial CU plans to merge into ValleyStar CU to create a $500 million institution.