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Univest Corp. of Pennsylvania in Souderton will start next year with a new chief executive.
July 24 -
Gayle Manchin has been elected to serve on the board of MVB Financial, the Fairmont, W.Va., bank, it announced Monday. Her husband, Joe Manchin, was West Virginia governor from 2005 through 2010 and is now the state's junior U.S. senator.
July 24 -
Profit slipped at Cullen/Frost Bankers (CFR) in San Antonio as expenses rose last quarter.
July 24 -
Profit fell at New York Community Bancorp (NYCB) in Westbury, N.Y, as mortgage banking revenue dropped sharply last quarter.
July 24 -
BankUnited (BKU) in Miami Lakes, Fla., added interest income and beat earnings estimates as it expanded into New York City last quarter.
July 24 -
Asset management fees helped push UMB Financial in Kansas City, Mo., to a higher quarterly profit.
July 24 -
Berkshire Hills Bancorp in Pittsfield, Mass., and Community Bank System in DeWitt, N.Y., have struck deals to buy branches from Bank of America.
July 24 -
The $17 billion-asset company's second-quarter earnings rose 2% from a year earlier, to $40.6 million. Per-share earnings of 21 cents beat the estimates of analysts polled by Bloomberg by 2 cents.
July 23 -
The Securities and Exchange Commission charged Trendon Shavers with defrauding investors of nearly $150,000 worth of bitcoins through Bitcoin Savings and Trust, an online investment scheme he ran, and of making false claims while soliciting investments online in 2011 and 2012.
July 23 -
Chinatrust Bank in Los Angeles has hired heads of risk management and retail banking.
July 23 -
Porter Bancorp (PBIB) in Louisville, Ky., will replace its chairman and chief executive at the end of this month.
July 23 -
The Federal Reserve Board has terminated enforcement actions with Royal Bancshares of Pennsylvania in Narberth and First Pryority Bank in Pryor, Okla.
July 23 -
Carlyle Group is selling off the last of its stake in Boston Private Financial Holdings (BPFH).
July 23 -
Signature Bank in New York reported its 15th consecutive quarter of record profits as its loan revenue rose substantially.
July 23 -
FirstMerit (FMER) in Akron, Ohio, reported higher second-quarter profit after completing its acquisition of Citizens Republic Bancorp.
July 23 -
Improved credit quality pushed up quarterly profit at TCF Financial Corp. in Wayzata, Minn., despite declines in interest and fee revenue.
July 23 -
A legal-support firm under investigation by the Consumer Financial Protection Bureau is accusing the CFPB of overstepping its bounds in demanding personal information about the firm's clients.
July 22 -
Gateway Mortgage Group has chosen Fiserv's mortgage servicing platform to improve its ability to mitigate losses.
July 22 -
Customers Bancorp in Wyomissing, Pa., has begun a $25 million debt offering.
July 22 -
The chief operating officer at BBCN Bancorp in Los Angeles is stepping down.
July 22