Americas

The California company will pay nearly $3 million to address claims it failed to pay employees for overtime.

David Dotherow, CEO of the newly formed Winter Park National Bank, stresses the need for strong management and a straightforward business plan when applying for a charter.

The banking companies agreed to terminate their planned merger after regulators withheld approval. The snag is tied to a previously disclosed issue with Hope's 2016 financial results.

The New Jersey company has agreed to acquire Quadrant Capital to expand in its home state. The company recently bought Murphy Capital.

The Indiana company could also use proceeds from the planned stock sale to pay off debt.

Banks could be busy supplying credit to manufacturers, hotels, multifamily developers and other businesses that will be helping residents get their lives back on track after two fierce storms.

Trade group will work with U.S. Small Business Administration to expand accessibility of SBA products to credit unions.

Department of Defense urged to exempt credit unions from July 2015 MLA amendments.

Chemical Financial's decision to shutter nearly 40 branches and cut more than 200 jobs is a result of improved technology and an effort to become more efficient after years of pursuing acquisitions.

New clients will use vendor’s KeyStone core processing system.