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Astoria Financial in Lake Success, N.Y., reported a 40% increase in second-quarter earnings as stronger fee income from mortgages helped it overcome a considerable shrinkage in loans.
July 24 -
Renee Nash was named to the $155 million-asset bank's board Monday. Folsom Lake's board has varied in number over the years, between nine and 12 members. The bank currently has 10 directors.
July 23 -
Central Bancshares in Muscatine, Iowa, will change the name of some of its banks to CBI Bank & Trust.
July 22 - Illinois
Northern Trust in Chicago reported a jump in second-quarter profit due to growth in assets under management and the sale of Visa common stock.
July 22 -
The Consumer Financial Protection Bureau has issued its final rule for the "Know Before You Owe" mortgage disclosure rule, which is also known as TILA-RESPA or TRID.
July 22 -
Rep. Nydia Velazquez, D-N.Y., ranking member of the House Small Business Committee, introduced a bill Tuesday that would allow the Small Business Administration to provide backing for more loans.
July 21 -
U.S. Bancorp in Minneapolis has named Mike Katz market president for the Puget Sound region in Washington.
July 21 -
Porter Bancorp in Louisville, Ky., has agreed to pay $1.1 million to settle a lawsuit alleging mismanagement of a former client's employee stock ownership plan.
July 21 -
Two companies have partnered to serve the rapidly expanding mobile personal finance and remittance markets in Africa and Asia.
July 21 -
FirstBank Holding in Lakewood, Colo., reported higher profit through the first half of this year, as both loans and deposits grew.
July 20 -
BancorpSouth in Tupelo, Miss., reported higher second-quarter profit, as an increase in loan volume offset lower yields on loans and leases.
July 20 -
Wells Financial in Minnesota has completed its purchase of St. James Federal Savings & Loan Association, in a deal closely watched by members of the mutual bank community.
July 20 -
Bryn Mawr Bank in Pennsylvania said its chief financial officer resigned and it appointed two interim executives to fill his roles.
July 20 - New York
Signature Bank in New York hired a BankUnited executive and four salesmen and underwriters for its new direct commercial-vehicle financing business.
July 20 -
People's United Financial in Bridgeport, Conn., reported a second-quarter profit of $61.7 million that was aided by growth in lending and certain fee revenue.
July 20 -
Washington Federal in Seattle reported higher quarterly profit due to gains from the sale of foreclosed properties and certain investments.
July 16 -
PacWest Bancorp, the parent of Pacific Western Bank in Los Angeles, reported earnings of $85.1 million in the second quarter, up 16% from the prior quarter.
July 15 -
ZestFinance in Los Angeles has introduced a loan product for subprime borrowers whose credit scores nearly qualify as prime.
July 15 -
Meta Financial Group in Sioux Falls, S.D., agreed to sell $3.1 million of common stock to a group of existing investors and reached a separate agreement to issue prepaid cards for a business partner.
July 14 -
Meta Financial Group in Sioux Falls, S.D., agreed to sell $3.1 million of common stock to a group of existing investors and reached a separate agreement to issue prepaid cards for a business partner.
July 14