Bethpage Federal Credit Union in Bethpage, N.Y., is rebranding as FourLeaf Federal Credit Union. The $13.4 billion-asset credit union aid the change will occur in the first quarter. It will include a color update and a new logo. “As we navigate an ever-evolving landscape, we recognize the importance of adapting to meet the changing needs of our members and our markets and exploring new ways to grow and expand,” Linda

Moody’s in New York has acquired loan-origination platform Numerated Growth Technologies for an undisclosed amount. Moody's said in a press release that the acquisition builds on a partnership announced in January that integrated Numerated’s front office, decisioning and loan operation technologies with Moody’s credit assessment, underwriting and monitoring expertise. Numerated, which uses data and artificial intelligence to streamline the lending process, will be integrated into Moody’s Lending Suite. “As our

Robinhood Markets has agreed to buy TradePMR, a custodial and portfolio management platform for registered investment advisers (RIAs). Robinhood said in a press release that the final deal consideration is expected to be about $300 million in cash and stock. The deal is expected to close in the first half of 2025. TradePMR has more than $40 billion in assets under administration. “The TradePMR team has one of the strongest

The Federal Reserve has issued a new cease-and-desist order to Small Business Bank in Lenexa, Kan. The Fed said the order resulted from its May examination, which identified "new and continuing deficiencies" in the bank’s Bank Secrecy Act and anti-money laundering risk management and compliance. Small Business Bank, a unit of Gardner Bancshares, had already been operating under a 2023 C&D order that requires it to address BSA and AML

Industry Bancshares in Industry, Texas, which has been embroiled in a battle with the Office of the Comptroller of the Currency, is now dealing with an enforcement action with the Federal Reserve. The Fed announced that the $5.1 billion-asset company agreed to a consent order requiring it to submit a written plan to strengthen board oversight and for the board to "maintain effective control over" operations and activities such as

Martin Gruenberg has set a date for his retirement as chairman of the Federal Deposit Insurance Corp. Gruenberg, in an internal note to the agency’s employees, said he plans to step down on Jan. 19. “Over the coming weeks I hope to have the opportunity to speak with many of you and thank you personally for your service,” he added. “Bur for now allow me to extend my gratitude to

FirstSun Capital Bancorp in Denver and HomeStreet in Seattle have terminated their planned merger after failing to secure regulatory approval. The $8.1 billion-asset FirstSun agreed in January to buy the $9.4 billion-asset HomeStreet for $286 million. As part of the transaction, FirstSun planned to raise capital and HomeStreet planned to sell commercial real estate loans. FirstSun announced in May that it would switch from a national charter to a Texas

Buckley State Bank in Buckley, Ill., is looking to hire a new president and CEO. The $50 million-asset bank is also looking to add the executives to its board, Gary Bohner at GARBO Financial Services shared in a LinkedIn post. Buckley State "is a good solid bank with an experienced staff," Bohner said. "This is an excellent opportunity and ideal situation for the right banker."