The online student lender said it is reallocating some jobs and "sunsetting" others.

The Iowa company will pay $94 million for a bank with five branches and $727 million in loans.

The company recently agreed to be sold to SmartFinancial in Knoxville, Tenn.

The nation’s fifth-largest bank now has the financial flexibility to consolidate more branches in existing markets and open new, smaller ones in cities where it has no retail presence, CEO Andy Cecere said.

PNC chief Bill Demchak says he's pretty sure the U.S. isn’t heading into recession, but asset quality is so strong that the regional bank is giving itself a wide berth in forecasting its loan-loss provision in case of the unexpected.

The large core banking software vendors are already criticized as large and slow-moving. Consolidations like these are only likely to make them more so.

The large core banking software vendors are already criticized as large and slow-moving. Consolidations like these are only likely to make them more so.

Bank of America CEO Brian Moynihan and his fellow executives said they see nothing to suggest a slowdown is imminent. Their outlook was far more upbeat than that of JPMorgan chief Jamie Dimon.

Bob Jones will retire in early May. He will be succeeded by Jim Ryan, the Indiana company's chief financial officer.

Retail banking loans rose 5% at Bank of America, which also reported a 3% increase in consumer deposits and a 12% leap in net interest income in consumer banking.

Credit unions and smaller banks can differentiate themselves by returning to the passion for personal service that first anchored their success, and payments are central to this strategy, according to Deborah Matthews Phillips, managing director of payment strategy at Jack Henry.

The Tennessee company will have $4 billion in assets and 47 branches in six states when it buys Entegra Financial.

The Georgia company will abstain from acquisitions this year as it looks to make internal improvements.

The deal for Citizens State Bank is part of VyStar's plan to expand throughout Florida and Georgia.

Its mobile banking app comes with bank accounts, merchant accounts, and instant credit on invoices. Behind it is a network of community banks that will gather the deposits the app brings in.

Americans are living longer yet retiring earlier and saving less, says Matt Fellowes, CEO and founder of United Income. But there's no need to panic.

Its savings, budgeting, spending and goal-setting tools, combined with artificial intelligence to add smart insights and advice, are a good example of how regional banks are trying to distinguish their mobile products from those of bigger banks with larger tech budgets.

The company, which has yet to report quarterly earnings, said the moves will turn a profit over time.

CEO Michael Corbat will need to lean heavily on credit cards and other consumer business lines, and keep driving down costs, to offset weaknesses in capital markets.

Though it would be based in the nation's capital, MOXY Bank would also have significant operations in Charlotte, N.C.