Americas

The combined institution has assets of more than $1.3 billion and serves more than 120,000 members.

Doug Bowers said the company has moved beyond past issues, including corporate governance shortcomings and the abrupt departure of his predecessor, and is ready to bring in more loans and core deposits.

Rising taxes, declining population and the political landscape in Illinois have led several bankers to put more money and resources into nearby states.

Royal Bank of Canada has updated its mobile app to enable personal banking users to ask Siri to pay their bills on iPhone and iPad.

Lakes Area FCU is merging into Members Cooperative CU following heavy losses over the last 18 months.

The company said that Dennis Shaffer, its president, will succeed James Miller at the end of this year.

The company agreed to buy County First Bank in a cash-and-stock transaction.

Hood has worked at CU near Niagara Falls since being hired as its bookkeeper in 1983.

With the move, the Mississippi bank would no longer be regulated by the Federal Reserve. The decision comes after the bank struggled with Bank Secrecy Act and Community Reinvestment Act compliance.

Starbucks has hit a mobile payments milestone, with 30% of all U.S. transactions now coming through mobile, and to smooth operations surrounding its popular Mobile Order & Pay service, the company is introducing digital-ordering specialists at its busiest stores.