Americas

Nick Moalli succeeds John Keet, who is retiring from the credit union after nearly two decades there.

Here's a look at the 12 housing markets with the largest percentages of mortgages over $500,000 — the new threshold House Republicans have proposed for the mortgage interest deduction in their tax plan.

Endeavor Bank in San Diego aims to be the third new bank to open this year. There is hope that as many as eight new institutions could open in 2018.

California State & Federal Employees Credit Union was approved to expand its FOM to Humboldt, Del Norte and Trinity Counties

Prop 2 easing HELOC regulations and Prop 7 granting prize-linked accounts both passed on Nov. 7

The company has agreed to buy CBBC Bancorp. It also raised $63 million to pay for the deal and fund future growth.

With marijuana sales set to become legal in California soon, a working group there says that a state-backed financial institution should be among the measures weighed to address the lack of banking services available to the pot industry.

American Express Canada is launching a digital payment solution that replaces plastic cards with virtual account numbers.

Messenger is one of Facebook's most requested services in the U.K. and France, making these markets ripe for the platform's new P-to-P payments capabilities. But in taking the service internationally, Facebook may also reveal its limitations.

The trade group's Annual Report on Credit Unions was released today, focusing on the regulatory burden and the importance of the credit union tax exemption.