Retail & Commercial

Given the importance and huge upside of success, the risk of disappointment in a firm's diversity and inclusion efforts must be continuously confronted and overcome.

SunTrust Banks Inc., Georgia's biggest lender, agreed to a $65 million settlement with Freddie Mac covering refunds for faulty mortgages.

Cardtronics' subsidiary Cardtronics USA has purchased the ATM assets from CGI, adding 1,000 merchant-owned ATMs to Cardtronics' U.S. fleet.

A former executive at a Norfolk, Va., bank has been sentenced to eight years in federal prison for his role in the fraud that led to the bank's collapse.

Several political candidates have begun accepting bitcoins for campaign contribution—but the future of this practice hinges on a Federal Election Commission decision coming by October 28.

FARMINGDALE, N.Y. – Teachers FCU opened its 25th branch – and first in Nassau County – in Merrick, signaling a new marketing push for New York’s second-largest credit union.

FAIRBORN, Ohio – Wright-Patt CU has acquired the 137,000-square-foot former Computer Sciences Corp. building in nearby Beavercreek for $22.75 million and plans to relocate its headquarters there.

The $18 billion-asset company said late Tuesday it has acquired certain assets and liabilities from Surety Financial Services in Sherman Oaks, Calif. The companies did not disclose the terms or specify the assets that were transferred.

The $2 billion-asset company said Tuesday that it had fully redeemed the $20.5 million in preferred shares issued through the program. Park Sterling funded the redemption with a payment from its bank.

Bridge Bancorp (BDGE) in Bridgehampton, N.Y., is planning to raise at least $25 million in a public stock offering to support its purchase of FNBNY Bancorp in Merrick, N.Y.