Americas

Stonegate Bank in Pompano Beach, Fla., has confirmed that it will provide a bank account to the Cuban government.

Proposed new rules from the CFPB could wind up forcing banks out of the small-dollar lending business, leaving cash-strapped consumers with fewer borrowing options.

First United in Oakland, Md., will exit the Troubled Asset Relief Program after winning an auction to repurchase a warrant from the U.S. Treasury Department.

Westbound Bank in Katy, Texas, has promoted Troy England, chief lending officer, to president.

MADISON, Wis. — CUNA Mutual Group and state CU leagues represented by the American Association of Credit Union Leagues have agreed to a three-year $64 million marketing contract expected to go into effect on Jan. 1, 2016.

Harvard Illinois Bancorp, which has struggled with persistent activist pressure and exposure to a fraud scheme, is preparing to wind down its operations.

New York Community Bancorp Inc. Chief Executive Officer Joseph Ficalora didn't have to pay taxes on $2.84 million in restricted stock he collected last year. His company picked up the tab.

Fidelity Southern in Atlanta has agreed to buy the Florida branch network of First Banks Inc. of Clayton, Mo.

Personal incomes have stagnated, consumer prices are on the rise, new home sales are declining and falling energy investments are dragging the economy down. But according to the latest CUNA Mutual Trends Report, things aren't quite bad as they seem.

Wells Fargo has named Rohan Kalbag head of commercial banking for northern California. Kalbag was the sales manager for commercial banking in California, Oregon, and Washington for Wells.