United Security Bancshares in Thomasville, Ala., has agreed to buy a three-acre parcel near Birmingham, Ala., for a new executive office and retail branch.

Activists typically improve a company's stock performance — and can produce "dramatic, excess returns" when they have specific demands, says Josh Hinkel, a partner with Bain & Co.

The fight over the security protections on the San Bernardino, Calif., iPhone is about more than a single device or Apple's product line.

Ray Grace, North Carolina's banking commissioner, believes federal bank regulators should embrace charters for banks dedicated to innovation. Doing so, he said, would help the banking industry secure its spot as a "laboratory for change."

West York Borough, in York, Pa., is owed an estimated $500,000 as a result of delinquent residential sewer accounts, borough officials reported.

Traditional financial institutions are often seen as the outdated rival to new disruptors, but the idea that a bank can't be a marketplace lender, and vice versa, is a myth.

For financial institutions, there are scary parallels between the IRS' failure to protect sensitive personal information and their own such struggles.

For financial institutions, there are scary parallels between the IRS' failure to protect sensitive personal information and their own such struggles.

Midland Financial in Oklahoma City has agreed to buy 1st Century Bancshares in Los Angeles.

Horizon Bancorp in Michigan City, Ind., has agreed to buy LaPorte Bancorp in LaPorte, Ind.

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Huntington Bancshares plans to close more than 100 branches in Ohio, Illinois, Michigan, Pennsylvania and Wisconsin after it completes its acquisition of FirstMerit.

State Street in Boston is on the hunt for a new chief financial officer. Michael Bell, 52, has decided to step down within the next year the custody bank said on Thursday.

Richard Meares, the president and chief executive of Fleetwood Bank in Berks County, Pa., is retiring in January.

Norwood Financial in Honesdale, Pa., has agreed to buy Delaware Bancshares in Walton, N.Y.

There are a lot of things banks can — and must — do to guard against the oldest trick in the cybercriminal book: deceptive emails. Don't laugh: The crooks are getting smarter, but many executives, employees and customers aren't.

It could take months before lawmakers approve a successor for departing NCUA Chairman Debbie Matz, and industry observers believe issues like supplemental capital could be on hold until that replacement takes office.

James Hackett, chairman of the board of directors at Fifth Third Bancorp, is stepping down.

The Hall of Fame manager, who won three World Series, told bankers at a recent conference that trust, integrity and communication are critical to success. La Russa also shared tales from his storied career, including accounts of managing the likes of Rickey Henderson and Chris Carpenter.

The total balance of outstanding first mortgages in January jumped to more than $8.3 trillion, an increase of 2.1% year-over-year, according to data from the Equifax National Consumer Credit Trends Report.