Fresh Today

Fresh Today

WASHINGTON—The Federal Reserve Board has fined New York-based Popular Bank $2.3 million for processing six Paycheck Protection Program (PPP) loans despite having detected that the loan applications contained significant indications of potential fraud and for failing to report the potential fraud in a timely manner.

TAMPA, Fla.— Suncoast Credit Union, which at $16.2 billion in assets is the largest CU in Florida, said it is expanding into Central Florida with three new service centers scheduled to open in the Orlando market later this year.