Americas

LONGVIEW, Wash. — Cowlitz CU here has announced that it will merge with Red Canoe CU.

An plunge in income tax expenses and organic loan growth helped propel Valley National Bancorp (VLY) in Wayne, N.J., to a solid first quarter.

ALEXANDRIA, Va. — NCUA approved a final rule on capital planning and stress testing at its open board meeting Thursday that contained some changes — but maybe not enough to satisfy credit unions.

Voyager Bank in Eden Prarie, Minn., officially named John Kimball as its new chief executive officer.

WASHINGTON — The Consumer Financial Protection Bureau unveiled a new pilot program Wednesday designed to allow consumers the ability to electronically review and file mortgage closing documents.

BankUnited (BKU) in Miami Lakes, Fla., reported higher quarterly earnings after selling some commercial loans.

First Niagara Financial Group's (FNFG) first-quarter profit fell 11.7% as job cuts and branch closures increased expenses.

Orrstown Financial Services (ORRF) in Shippensburg, Pa., will cut 32 jobs in its operations and retail branches after implementing technology upgrades.

ERIE, Pa. — A tip from a Widget Financial employee has uncovered a massive nationwide fraud scheme.

The lawsuit claims that Benjamin Weinger of 3-Sigma Value conspired with certain directors to defame the executives before the board fired them earlier this month.