Americas

Bill Cooper could step down as the Minnesota company's chief executive sometime next year, and two insiders appear to be the early favorites to replace him.

Moody's Investors Service has downgraded its credit rating on First Niagara Financial Group (FNFG), citing concerns about the Buffalo banking company's asset quality, profitability and capital levels.

F&M Bank Corp. (FMBM) in Timberville, Va., has raised $12 million in a private placement.

The home, the road and credit card rewards are some key areas CUs are zeroing in on as spring approaches.

Years ago, when ShopKeep POS founder Jason Richelson operated the Green Grape wine store in Fort Greene, Brooklyn, he struggled so often with archaic point-of-sale systems that it motivated him to develop his own alternative.

MASSENA, N.Y. — By adopting a staff scheduler and reporting technology solution, SeaComm Federal Credit Union reports it has experienced a 13% increase in teller transactions processed per hour.

PORTLAND, Ore. — Point West Credit Union is leveraging the popularity of a local restaurant as an enticement for its members to use its new mobile deposit service.

ALEXANDRIA, Va. — After switching to a new analytics vendor, $16.8 billion Pentagon Federal Credit Union reports that it has improved the application process for its branded credit card, increasing the conversion rate on applications.

PLEASANTON, Calif. — For many credit unions, one of the biggest technology undertakings is upgrading the core system, which is on tap for Safe America Credit union.

FAIRMONT, W.Va. — In an effort to reduce the time and energy spent on cash management orders and deposits to the Federal Reserve System, Fairmont Federal Credit Union sought an automated solution.