Ken McCarthy

First American Bank agreed to cover costs incurred by the Iowa Division in Banking, while the regulator made it clear that the accord would not set a precedent for future credit union-bank deals.

The company disclosed that an internal review of a now-discontinued loan program found that employees engaged in misconduct tied to income verification and requirements, among other things.

The company will pay $25 million in cash for Carroll Bancorp in a deal between Baltimore-area banks.

Challenging business conditions, exacerbated by coronavirus fears, have disrupted organizers' planning efforts.

Recovery from a massive storm that touched down near Nashville is in its early stages, but bankers are looking at fee waivers and increased access to cash for those who were affected.

MVB in West Virginia will gain a 47% stake in the partnership in exchange for contributing its mortgage unit's assets to the new company.

The San Diego bank is struggling to renegotiate a partnership with the tax preparation firm to address caps on interchange fees.

Credit unions could be feeling some of the heat from critics of their bank takeovers, or simply gearing up for another round of activity.

Credit unions could be feeling some of the heat from critics of their bank takeovers, or simply gearing up for another round of activity.

Organizers of Gulf Atlantic Bank must raise $12 million in capital before opening.

WSFS, in an effort to catch up with bigger rivals, plans to upgrade digital channels in three years instead of five.

Zember abruptly resigned as CEO of Ameris Bancorp last summer.

David Brager, the California company's sales division manager, will replace Christopher Myers on March 16.

Clearer standards make it easier for shareholders to boost their stakes in banks without having to file for bank holding company status.

Ken Karels will be succeeded by Mark Borrecco, who had been CEO of Rabobank's U.S. bank.

David Hanrahan had been CEO of Capital Bank of New Jersey, which was sold last year to OceanFirst Financial.

The company's new platform targets a narrow customer segment ⁠— frequent fliers.

Unlike other regions of the country, the western U.S. has seen very few large bank mergers in recent years. Here's why Pacific Premier's acquisition of Opus Bank could change that.

A fifth of U.S. banks may lack the stock multiples it takes to pursue acquisitions, so they're looking for other ways to improve results and deploy capital.

Timothy Crane is set to succeed Ed Wehmer as president, though Wehmer will remain the Illinois company's CEO.