The company, which is planning to revamp its organizational structure, has seen a sharp increase in funding costs over the past year.

Entegra Financial, which had a deal to be sold to SmartFinancial, has instead agreed to be sold to First Citizens, which offered more money and will pay a breakup fee for the initial deal.

Now that the Cincinnati company recently completed its first bank acquisition in over a decade, CEO Greg Carmichael is pushing ahead on tech hires and expansion outside its Midwestern core.

The British startup OakNorth sees U.S. community and regional banks as good prospects for its lending technology.

The Fed board unveiled a proposal Tuesday to standardize how investors owning less than one-quarter of a bank can determine who holds a "controlling" stake and therefore must register as a bank holding company.

Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.

As the bank's board conducts its search for a new CEO, it should exclude Wall Street titans from any shortlist.

CEO Kessell Stelling said he thinks about Synovus' depressed stock price daily, even though his team is ahead of schedule cutting costs from a deal that closed in January.

The credit union is also developing a new shared branching space as part of a unique co-location strategy.

Change in strategy to lure new customers; new FHFA director wants to make Fannie, Freddie “stronger, healthier."

Credit unions have measures in place to assist members hit by fraud but many smaller institutions are challenged when it comes to an effective response.

Leaders in bank innovation have ideas for improving financial services with high-speed, highly responsive 5G networks — ideas they say could be implemented relatively quickly.

The acquisition also includes $525 million in deposits and $120 million in loans.

The bank is investing more in its digital capabilities, according to The Cincinnati Enquirer.

The settlement comes as Navy makes history by becoming the world’s first credit union to exceed $100 billion in assets.

The Minneapolis bank will open about 10 branches in North Carolina's largest city by the end of next year, adding to already intensifying competition among big banks.

Spokane Teachers Credit Union will transfer the assets and liabilities to a nearby branch.

With just $22 million in assets, Manchester Municipal Federal Credit Union has millions in student loans on its books and never recorded a charge-off.

Getting consumers to switch to electronic statements is difficult but there are a few strategies credit unions can try to encourage them to go digital.