Chris Cumming

The chief executive of BOK Financial (BOKF) has decided to step down after 40 years with the Tulsa, Okla., company.

CIT Group in New York has named Randy Chesler as the president of its CIT Bank, based in Salt Lake City.

EverBank Financial (EVER) in Jacksonville, Fla., reported higher second-quarter earnings and said it would shut its wholesale-mortgage business.

Quarterly earnings fell at financial technology company FIS (NYSE: FIS), as rising expenses swallowed up an increase in revenue.

Mortgage loans on commercial properties rose sharply in the second quarter due largely to investors' heightened interest in apartment buildings.

The Federal Reserve Bank of Chicago entered a written agreement with the $87 million-asset lender on July 23, Fed officials said Tuesday.

Regions Financial has hired a group of Texas bankers away from Wells Fargo.

Quarterly profit at Heartland Financial (HTLF) in Dubuque, Iowa, slipped by 31% from a year earlier as costs rose and gains from loan sales fell.

John Salop of BB&T (BBT) succeeds Fred Rubin, the $875 million-asset Access announced Monday.

MainSource Financial Group (MSFG) in Greensburg, Ind., has been cleared to redeem the last of the preferred stock it had issued through the Troubled Asset Relief Program.

Equifax has released a tool that lets banks compile different collateral-valuation models and rank them based on accuracy.

Pacific Commerce Bank in Los Angeles has satisfied enforcement orders imposed by state regulators, but it still has more work to do.

Trustmark in Jackson, Miss., has bought two branches from SOUTHBank in Huntsville, Ala.

WSFS Financial Corp. in Wilmington, Del., has agreed to buy the mortgage banking company Array Financial Group in Haverford, Pa.

HomeStreet in Seattle plans to buy two small Washington lenders for a total of $37.3 million.

Tri-County Financial Corp. in Waldorf, Md., will change its name to Community Financial Corp.

Cardtronics has launched a branding initiative that lets up to ten banks put their logos on a single ATM.

Synovus Financial (SNV) in Columbus, Ga., has redeemed its Troubled Asset Relief Program shares after raising cash in two stock offerings.

The Federal Deposit Insurance Corp. took seven enforcement actions and freed 13 banks from orders in June, according to a list of regulatory actions released Friday.

SVB Financial Group (SIVB) in Santa Clara, Calif., benefited from higher lending income and investment gains last quarter.