News Topic: new york

Seneca-Cayuga Bancorp wants a limited-use charter to maneuver around a New York law that bars mutuals from working with municipalities. ... Read full article

Bigger credit unions present a formidable challenge for banks in areas such as business lending. ... Read full article

RIchardson & Stout, which is based in western New York, is the 16th insurance business that Evans has bought or agreed to buy. ... Read full article

Kam Wong, chief executive at the high-profile, $2.9 billion credit union that serves the NYPD, among other municipal workers, has been charged with fraud. ... Read full article

Financial Institutions agreed to buy HNP Capital, a wealth management firm near Rochester. ... Read full article

New York Attorney General Eric Schneiderman said he will step down as the state's highest law enforcement official, hours after a report in which four women accused him of physical violence. ... Read full article

Auto lenders would be well advised to keep up their guard as states — particularly blue ones — take steps of their own to crack down on what they see as abusive practices. ... Read full article

Preferred Bank's experience with an apartment developer is a reminder of how important strict underwriting terms will be as loan demand increases, rates rise and lenders try to outdo each other. ... Read full article

A New Jersey community bank has launched a campaign that takes digs at the megabank while highlighting its own values. Should others follow its lead? ... Read full article

It might make sense to scrap a decades-old name, especially for banks with aggressive growth plans. ... Read full article

On one hand, banks could face regulatory pressure to restrict services to the firearms industry. But banks that take a strong stand also risk the wrath of GOP lawmakers opposed to such restrictions. ... Read full article

The Florida bank's placement of all taxi loans on nonaccrual status in recent months strengthened its bottom line in the first quarter. ... Read full article

The company, which reported a slight decline in loans, lowered its expenses during the first quarter. ... Read full article

Nearly a third of NBT Bancorp's revenue comes from fee businesses, though it took patience, several acquisitions and a tolerance for added regulation to get there. ... Read full article

The California company, which also focuses on Asian-Americans, agreed to buy First American International. ... Read full article

“We know we've said this before, but we do feel we've put this behind us now,” Joseph DePaolo said Thursday. ... Read full article

The custody bank benefited from a wide range of economic forces in the first quarter ... Read full article

The deal for Retirement Plan Services, which provides recordkeeping for employers nationally, is NBT's fourth acquisition of a retirement services firm since 2015. ... Read full article