Americas

Equity Bank agreed to buy most of the assets, and assume all the deposits, of Almena State Bank.

Ann Goldinak will take the helm of the New Jersey-based credit union when John Culp retires in December.

The bank said the move will give it more flexibility for raising capital.

The Connecticut company, which began reviewing its operations in January, said the effort gained momentum when the coronavirus pandemic hit.

The company will close nine branches over the next three months.

Highlands Banking would be based in a community near the state's borders with Georgia and South Carolina.

PayPal isn’t the first company to open its platform to cryptocurrencies, but its technique is more hands-on than most payment providers.

State College FCU is seeking member approval to fold into Horizon CU, citing ongoing challenges finding members to serve on its board of directors and supervisory committee.

The Detroit-area credit union is offering consumers within five ZIP codes free trips to voting sites on Election Day.

The combined institution will serve almost 75,000 members with nearly $660 million in assets.