Tanaya Macheel

Cathy Bessant pitches her bank to fintech startups; Blythe Masters pitches her fintech startup to banks; skepticism about Sallie Krawcheck's venture.

U.S. Bancorp has tapped two executives — including Most Powerful Women in Banking veteran Leslie Godridge — to co-head its wholesale banking division as vice chairs.

Deloitte has named Kenny Smith leader of its financial services industry group in the U.S., succeeding Robert Contri, who had held the role since 2011.

First Republic Bank in San Francisco has appointed Katherine August-deWilde to the newly created position of vice chair.

Enterprise Financial Services in Clayton, Mo., has announced the retirement of its bank's executive chairman and chief credit officer.

First Republic Bank in San Francisco has appointed Katherine August-deWilde to the newly created position of vice chair.

Northway Bank in Berlin, N.H., has exited the Small Business Lending Fund.

BancorpSouth in Tupelo, Miss., has agreed to settle a lawsuit tied to how it determines overdraft fees on debit card and ATM transactions.

Grant Bancshares in Natchitoches, La., has acquired Bank of Ringgold in Louisiana.

Four Oaks Fincorp in Four Oaks, N.C., has appointed Lisa Herring chief operating officer of the company and Four Oaks Bank & Trust.

Oak Valley Bancorp in Oakdale, Calif., has promoted Jeff Gall to chief financial officer. Gall had been the vice president of finance and accounting.

Banks have made changes to overdrafts, such as lowering fees offering clearer explanations. They better, as the CFPB will soon offer new rules for overdrafts. Plus, overdraft revenue has declined at many banks. Still unanswered is the question of how to offer short-term credit, if overdrafts disappear.

Customers Bancorp in Wyomissing, Pa., plans to raise $30 million in an aggregate offering of its common stock.

BB&T Corp. in Winston-Salem, N.C., has received approval from the Federal Reserve Board to buy National Penn Bancshares in Allentown, Pa.

California Republic Bancorp in Irvine has securitized $380 million of its prime auto loans.

Northwest Bancorp. in Spokane, Wash., has announced that Chief Executive Randall Fewel will retire at the end of the year.

Citi adds two more female directors, including Ellen Costello; social media allows small banks to connect with people who aren't coming into the branch, says one of our community bankers of the year (and if you're on Twitter, you probably already know who), and Mary Wisniewski asks, how can fintech hope to disrupt banking when it's no different than banking? (Hard not to notice the sexism and the dearth of women when you are one.)

Digital Asset Holdings is reportedly seeking a $35 million funding round that would put the blockchain technology startup’s valuation at $100 million.

Citigroup has appointed Ellen Costello, former BMO Financial chief executive, and Intel President Renee James to its board.

Investors Bancorp in Short Hills, N.J., has hired a former Capital One Financial executive to head its enterprise risk management team.