John Reosti

Carter Bank in Virginia had been enjoying record profit until it was ordered to beef up Bank Secrecy Act compliance. The institution is the latest community bank to take a hit from enhanced oversight.

Sterling Bancorp in Montebello, N.Y., is planning to raise up to $81 million through a stock offering.

If there is one thing credit unions and banks can agree on with regard to the National Credit Union Administration's latest effort to revamp its field-of-membership rules it is this: a lawsuit is brewing.

Probably the one thing credit unions can agree on regarding field of membership is this: a legal challenge to the new rule is coming soon.

Banc of California in Irvine has delayed filing its third-quarter 10-Q as it continues to probe purported improper transactions that may have involved directors and senior executives.

Bankers can't start spending their tax cuts under the Trump administration yet because there are so many X factors — including what exactly the new president would seek to steer through Congress. But they sure have fun thinking about what they'd do with the billions of dollars in savings that are possible.

The Justice Department has widened its investigation of Fulton Financial’s mortgage lending practices to include four new units.

Back in the black and looking increasingly healthy for the first time in a decade, First Mariner is poised to accelerate growth next year.

Many fully expected the agency to approve the significant overhaul of its field of membership rule, but the regulator went one better, issuing a new proposal that raises the population limit on well-defined communities from 2.5 million to 10 million.

Many fully expected the agency to approve the significant overhaul of its field of membership rule, but the regulator went one better, issuing a new proposal that raises the population limit on well-defined communities from 2.5 million to 10 million.

In bringing back public budget hearings, the National Credit Union Administration is doing something no other federal financial regulator does.

Nearly a year and more than 10,000 comment letters after it was introduced, the National Credit Union Administration is expected to vote Thursday on a final rule that would make it easier for consumers to join a credit union.

Nearly a year and more than 10,000 comment letters after it was introduced, the National Credit Union Administration is expected to vote Thursday on a final rule that would make it easier for consumers to join a credit union.

Huntington Bancorp's profits took a hit in the third quarter from $159 million in merger and integration costs tied to its acquisition of FirstMerit.

Webster Financial's profits barely grew in the third quarter from a year earlier, as solid revenue gains were offset by increased costs from the Waterbury, Conn., lender's expansion into Boston.

First NBC Bank in New Orleans may have avoided one problem only to run into a much bigger issue.

Associated Banc-Corp in Green Bay, Wis., reported higher quarterly profit on the strength of tight expense control and strong mortgage banking revenue.

Deterioration in its portfolio of taxi medallion loans combined with some one-time expenses dragged down profits at BankUnited in the third quarter.

Record revenue and a brief respite from merger-related costs helped boost quarterly results at F.N.B. Corp. in Pittsburgh.

Profits at Fulton Financial in Lancaster, Pa., surged 21% in the third quarter compared with a year earlier thanks largely to robust fee income growth and tight expense control.