Americas

Webster Financial in Waterbury, Conn., has received regulatory approval to acquire the health savings account business of JPMorgan Chase.

ALEXANDRIA, Va. — NCUA has banned five former credit union employees from participating in the affairs of any federally insured financial institution.

First Foundation Bank in Irvine, Calif., has agreed to buy Pacific Rim Bank in Honolulu.

WEST JORDAN, Utah — As the fifth largest credit union branch network in the nation spanning five states, Mountain America CU figured out a way to provide secure wireless access to all its members and employees while saving money.

SAN DIEGO, Calif. — In late 2013, Cabrillo CU had a goal of reducing paper-based processes by 30%. By adopting a comprehensive document imaging and enterprise content management (ECM) solution that milestone was surpassed, which allowed employees to build stronger member relations.

SANTA CLARA, Calif. — The Great Recession forced many small CUs to fold or merge. Those that survived, such as Mission City FCU, figured out how to redefine opportunities.

BURBANK, Calif. — By looking outside its IT and data-processing department, Logix Federal Credit Union automated nearly 70% of its data processing workload.

SPARTANBURG, S.C. — Vital Credit Union has found a way to build relationships with customers methodically, cross-sell a broad product range, and develop a true sales culture throughout the organization.

ST. JOSEPH, Mich — United Federal Credit Union wants to ensure their employees' work schedule is balanced with home life.

Since the crisis, banks have relied on lower loan-loss provisions to make a profit. But banks actually made money in the third quarter. Here's how.