Americas

MOON TOWNSHIP, Pa. — Clearview Federal Credit Union is wrapping up its "Thanks A Million" initiative, part of its "10th Anniversary Members Matter Celebration" that has been investing a total of $1 million in Clearview members and community over the last three months.

The Pennsylvania company is keen on buying a bank with $1 billion or more in assets to soundly cross a threshold that would bring with it more regulatory scrutiny.

Provident Financial Services in Iselin, N.J., defended narrowly missing earnings expectations by calling its credit and pricing approaches "prudent" and disciplined.

A Montana district court issued an order to uphold a verdict that First Interstate BancSystem in Billings, Mont., must pay $17 million in damages in a dispute with former customer.

BankUnited in Miami Lakes, Fla., reported lower quarterly profit as its noninterest expenses rose.

Low interest rates may be pressuring margins, but they provided a lift to community banks that sell mortgage originations. Bankers are now debating how long the current refi boom will last.

Prosperity Bancshares in Houston hit analysts' earnings forecasts despite a linked-quarter decline in loans and profit.

Raleigh, N.C. — State Employees CU's foundation has teamed up with local universities to roll out a pilot paid internship program that could eventually be expanded statewide.

WASHINGTON, Pa. — With new leadership, a new culture and a new approach, Washington Community Federal Credit Union is shining up its image with a new name: Chrome Federal Credit Union.

First Niagara Financial Group in Buffalo, N.Y., said its first-quarter profit declined because of costs tied to its technology upgrade and lower spread income.