The Minneapolis company reported gains in lending and fee income, but merit-pay increases and compliance-related spending contributed to higher noninterest expenses.

About $12 million of the proceeds will go toward exiting the Small Business Lending Fund.

Citigroup reported fourth-quarter profit that surpassed analysts’ estimates as trading revenue jumped 31%, more than the bank had forecast last month.

CUs across the country are redoubling their efforts to demonstrate the credit union difference.

The embattled company's new incentive pay plan appears to resemble those used by other banks, which suggests that regulators are unlikely to demand big changes throughout the sector.

The Michigan company expects a recently announced mortgage initiative to produce solid growth in 2017.

The U.K.’s Competition and Markets Authority (CMA) is on the verge of announcing its decision in its regulatory review of Mastercard’s acquisition of VocaLink, the London-based agency said.

Cardtronics is bringing its relationships with Citi and Walgreens together, bringing Citi branded ATMs inside Walgreens locations across the U.S.

Ategra Community Financial Institution Fund believes the move would improve independent oversight of management.

As its name implies, First Oklahoma is the oldest CU in the Sooner State.

The company sued the former director over the debt, which disqualified him from board service.

The Columbus, Ga., bank reported higher fourth-quarter profit on growth in business loans and mortgage banking.

The author responds to critics who say the national movement to move money from big banks to black-owned institutions may not be fueling many loans to minorities and residents of low- to moderate-income communities.

The bank is first to fail in New Jersey since 2012.

The San Francisco bank said Friday that it plans to close at least 400 branches over the next two years, part of an effort to reduce annual expenses by $2 billion.

The company would prefer buying banks with $5 billion to $10 billion in assets unless it finds an appealing alternative in a strategic market such as Raleigh or Nashville.

JPMorgan Chase, Bank of America and PNC reported lackluster revenue growth as higher trading fees and increases in commercial lending barely compensated for consumer-side challenges.

Violations of Bank Secrecy Act and anti-money-laundering compliance remain a hot topic for financial institutions as regulators can bar them from branch building and bank acquisitions. Here are some notable regulatory actions that are still unresolved.

Groundbreaking ceremonies, donations to worthy causes and more great givebacks from credit unions to the communities they serve.

The deal expands Post Oak’s existing operations around Houston