Americas

NEW BRUNSWICK, N.J. — Internet Archive Federal Credit Union (IAFCU), a $2.8-million CU aimed at serving the burgeoning Mexican immigrant community here, is helping immigrants get their Individual Tax Identification Numbers (ITIN), their "passport" to legally working in the U.S.

City National Bank in Los Angeles is launching a new online magazine with a goal of driving more traffic to its website.

Albany, N.Y. — What has for years been known as the Credit Union Association of New York officially became known as the New York Credit Union Association as of today.

WICHITA — Consolidation among state credit union leagues isn't slowing down, as leagues in Kansas and Missouri are exploring the possibility of a merger.

PEORIA, Ill. — Citizens Equity First Credit Union (CEFCU) said it will distribute a record $40 million extraordinary dividend to the credit union's members.

Bridge Bancorp in Bridgehampton, N.Y., has agreed to buy Community National Bank in Melville, N.Y.

The $5.9 billion-asset company said in a press release Friday that it has offered the subordinated notes in a private placement to unnamed institutional investors.

Doral Financial in San Juan, Puerto Rico, has resubmitted its capital restoration plan to the Federal Deposit Insurance Corp. after the agency determined that the initial plan was insufficient.

ALEXANDRIA, Va. — Detroit-based Health One CU Friday was liquidated by the Michigan Department of Insurance and Financial Services, with NCUA named as liquidating agent.

Some banks offer better mobile apps than others, although there is time to recover because most consumers are not quite ready to switch banks yet based on app quality.