Promising acquisition prospects in the New York area prompted Investors Bancorp to tweak the New Jersey company's initial westward-focused growth plan, CEO Kevin Cummings says.

Community banks face such a steep challenge in the next few years, accounting giant KPMG decided to create a position to oversee its efforts to advise them.

Navy Federal's strategy gives everyone else in the industry yet another way to get around the cap. Puzzlingly, some credit unions relentlessly press for legislation.

Iberiabank plans to close underperforming branches and trim elsewhere after acquisition-related costs rose in the second quarter, executives said Thursday.

Investors Bancorp offered depositors of Marathon Bank the prospect of participating in its second-step conversion from a mutual thrift, Investors CEO Kevin Cummings says.

Visa's international business is taking on increasing importance as the card network adapts to legal and regulatory threats at home.

Investors, which recently agreed to buy Marathon Bank, reported gains in the second quarter from its Brooklyn Federal acquisition and lending.

Another earnings crunch is coming and bank valuations will sink further. That means selling now is the smart move for hundreds of institutions, says Kamal Mustafa, who stress-tests banks and formerly headed M&A at Citibank.

Shares of United Community Banks Inc. fell sharply Thursday morning after the Blairsville, Ga., company reported earnings that came in well short of analysts' estimates.

The National Credit Union Administration announced Thursday it is creating an office to examine the nation's largest credit unions — the four with assets of over $10 billion, as well as the corporate credit unions — as part of a reorganization of its examinations process.

EverBank Financial (EVER) in Jacksonville, Fla., reported strong loan growth in its first quarter as a publicly traded company but expenses related to organic growth, recent acquisitions and a nationwide marketing campaign dragged down its overall earnings.

A combination of a lower loan-loss provision and higher noninterest income contributed to improved profits at Texas Capital Bancshares (TCBI) in Dallas.

A BankThink post on the snail’s pace of payments sparks a discussion of how red tape stops financial institutions from leveraging social media. Have banks hit a social media stalemate?

The Federal Reserve Board entered into a written agreement with Macon Bancorp that requires the Franklin, N.C., company to serve as a source of strength to its bank.

Visa (NYSE: V) swung to a loss of $1.8 billion in the third quarter, as it paid its portion of a $6 billion settlement agreement with retailers that was announced earlier this month.

Visa Europe Ltd. may receive an antitrust complaint from European Union regulators over credit card fees, the EU's competition commissioner said.

The head of First Commonwealth Financial (FCF) spoke for a lot of bankers Wednesday who hope to follow his lead.

The card giant will devote more than a quarter of its marketing budget this fiscal year to its sponsorship of the London games and related activities and company officials insist it is worth every penny.

Sandy Weill's call to break up big banks invoked the Main Street bankers who have blasted Wall Street fat cats like him for years. What next for him — a director post at a small bank in Peoria?