Popular with employees: More than half of the employees serve on at least one committee focused on strategic initiatives, allowing them to share ideas and take action.

The Best Banks to Work For study is a collaboration between American Banker and the Best Companies Group, which conducts extensive employee surveys and reviews employer reports on benefits and policies.

Most banks encourage employees to be active with local charities, but the parent of First Tennessee Bank takes its support to a higher level by awarding cash grants to nonprofits at which its employees are board members.

From birthdays to volunteer work to losing weight, these institutions from our annual Best Banks to Work For list have given their employees inventive ways to earn extra time off.

Tri-Valley Bank in San Ramon, Calif., plans to raise $1.35 million in a private placement of its common stock.

FirstMerit in Akron, Ohio, has reached an agreement with Paychex to provide payroll-processing services.

Poage Bankshares in Ashland, Ky., has promoted its bank president to chief executive, following the resignation of Ralph "Gene" Coffman.

The Federal Housing Administration has resolved a long-standing conflict with municipalities and private companies that back "green energy" loans that is expected to benefit banks and other mortgage lenders. The next question is whether the regulator of Fannie Mae and Freddie Mac mortgages will do the same.

WASHINGTON — The number of complaints about the credit reporting industry rose sharply in July, surging by 56% from a month earlier, the Consumer Financial Protection Bureau said Tuesday.

Standard Treasury, the startup that Silicon Valley Bank absorbed this month, is helping create software gateways for the institution's high-tech business clients to customize the way they interact with it.

Fannie Mae is revamping its affordable mortgage program to make it easier for low- and moderate-income families to qualify for low-down-payment loans.

The CFPB is considering suing Navient Corp., the largest student loan company in the U.S., for allegedly cheating borrowers, Navient officials disclosed Monday in a Securities and Exchange Commission filing.

Traditional gadflies are again pressing banks to find buyers. They could soon be joined by less vocal investors who still know how to put pressure on executives and directors.

Loans to first-time homeowners and others with low credit scores are a big part of the Federal Housing Administration's growth in purchase mortgages since the agency cut premiums.

Community banks must pay more attention to their clients' problems, needs and desires. Unfortunately, too many small banks have embraced a one-size-fits all marketing model.

Algonquin State Bank in Illinois has promoted several employees in a revamping of executive management.

Marketplace lenders and other alternative finance companiesshould be perceived not as a threat, but rather as a group of pioneers opening up opportunities for those banks that elect to buy, build or partner in this market.

A proposal from city council members in Arlington, Texas would impose stronger restrictions on payday and auto title lenders, including limiting where and in what type of buildings they can do business.

SBT Bancorp in Simsbury, Conn., plans to raise about $7.5 million through a private placement of subordinated debt and $8.6 million through a public offering of common stock.

CVB Financial in Ontario, Calif., has appointed entertainment industry veteran Kristina Leslie to its board.