The Office of the Comptroller of the Currency has given preliminary conditional approval for Winter Park National Bank, allowing organizers to work on office space, hire staff and raise capital.

The "Citizens Checkup" program to help customers set financial goals has come under fire, but CEO Bruce Van Saun says it is valuable and "here to stay," and that the criticism of it pales in comparison to the Wells Fargo scandal.

Delorier is a former chief marketing officer and head of consumer channels at SunTrust Banks.

Earnings per share fell a nickel short of estimates due in part to lower-than-expected revenue from the origination and sale of mortgages.

Credit unions are giving back in a big way.

The company has hired an investment bank to help it consider strategic alternatives, which could also include recapitalizing.

Despite merger-related charges, the Cleveland bank's first-quarter profit climbed 63% as the addition of a million new customers led to strong gains in both interest and fee income.

First-quarter earnings at the Providence, R.I., company jumped 45% thanks partly to improvements in its net interest margin, 7% loan growth and stronger card and other noninterest income.

The North Carolina company reported lower net income from a year earlier after extinguishing nearly $3 billion in Federal Home Loan bank advances. BB&T also reported more regulatory charges as it deals with a consent order.

Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.

With National Small Business Week set to kick off April 30, American Banker asked several community bankers to share stories of high-impact loans that made a difference in their communities and in their own enthusiasm for the work they do.

All six credit unions will utilize Fiserv’s DNA core platform, extending contracts with the technology provider that go on for more than 20 years.

The Ohio company said it is retaining more FirstMerit deposit accounts than it had projected. At the same time, Huntington is moving forward with cost-cutting tied to the acquisition.

The Minneapolis company reported higher quarterly earnings thanks to strong performance in credit cards, investment management and other fee-based business lines.

The Mississippi company reported loan growth but a dip in profits after a first-quarter acquisition, and it warned that it is on alert for any new “lag” in the energy sector.

Traditional banks’ budgets for growth and transformation have been virtually nonexistent since the financial crisis. In the new political and economic climate, traditional banks will gain the resources they need to innovate.

Bank of America beat expectations in several categories, including earnings per share, revenue and net interest margin.

A freewheeling discussion (over beers) about the future of branches with Tom Brown of Second Curve Capital and Dave Martin of BankMechanics at the Trump National Doral hotel in Miami during American Banker’s Retail Banking 2017 conference.

The fiasco may hold a valuable lesson for fintechs and banks alike about the need for closer integration.

The Trump administration's proposed budget would cut discretionary funding for the Department of Agriculture, which could affect a key agency lending program. Bankers are urging legislators to maintain, or even increase, funding.