Kelly S. King, the chairman and chief executive of BB&T (BBT), has been appointed to the Federal Advisory Council.

Changes are coming to the credit union branch model.

Is the branch dead? It clearly is not, says Mark Weber, president of Weber Marketing Group, who points to the record number of building projects and branch redesigns his firm has taken on in the past four years.

VACAVILLE, Calif. – Navy FCU said this morning it is opening its 33rd California branch here next week to serve 23,000 military personnel at Travis Air Force Base, as membership booms at the nation’s largest credit union.

If U.S. regulators proceed with anything like the 2010 Basel III proposal on liquidity, important bank products such as brokered deposits may simply disappear.

Talmer Bancorp has agreed to buy and recapitalize First Place Bank in Warren, Ohio, in a deal that will work its way through the bankruptcy process.

The U.S. securities industry canceled equity trading on all markets today, moving to protect workers as Hurricane Sandy barreled toward New York City with 70-mile-per-hour winds and the threat of an 11-foot sea surge.

State Bank Financial (STBZ) in Atlanta reported a drop in quarterly earnings as income tied its past failed-bank deals fell.

Banks in the Magnolia State have built up capital and profits, and their owners are hoping the state's poor national reputation will shield them for a while from big rivals and M&A trends.

Eagle Bancorp in Bethesda, Md., plans to sell more than $10 million in stock to go along with a $35 million offering that it recently completed.

Regulators took a slew of enforcement actions against banks last month in connection with consumer protection, capital adequacy and other matters.

Banks in the forecasted path of Hurricane Sandy braced Sunday for the storm, while making plans to help their operations weather it without interruption.

BIRMINGHAM, Ala. – Jefferson CU is moving its corporate offices to Hoover and the $70 million credit union plans to open additional new branches in the next few years.

HARRISBURG, Penn. – Pennsylvania State Employees CU has teamed up with several energy companies to develop an onsite power generation system that will provide back-up energy for the credit union’s new 239,000-square-foot headquarters.

The Pennsylvania Department of Banking and Securities closed the $483 million-asset NOVA Bank in Berwyn on Friday, but the FDIC was unable to find a buyer for the failed bank's operations.

Cattail Bancshares in Atwater, Minn., has finally landed a deal after several years on the prowl. The $120 million-asset company has agreed to buy the $61 million-asset Citizens State Bank of Waverly.

Customers Bancorp's third-quarter earnings increased by 184% from a year earlier after the Wyomissing, Pa., company grew its balance sheet.

A combination of chargeoffs and a challenging economic environment weighed on UnionBanCal in San Francisco in the third quarter.

IMGCAP(1)]

Declining yields on fixed-rate mortgages are leading bankers to sell more of those loans on the secondary market. To them, yields on 15- and 30-year mortgages are insufficient to cover the risk of an inevitable rise in interest rates.