Corporate governance

People's Bank of Commerce in southern Oregon decided it had to diversify to survive, so when a director heard a factoring firm he co-founded was up for sale, the bank seized the moment. Now it has other deals in mind.

The California-based CU says its 2018 emphasis will be on member retention and expansion.

HopFed was ordered to pay the legal fees for Stilwell Group, which sued the bank after its directors passed a bylaw intended to keep the investor off its board.

Here's a look at how credit unions are giving back to -- and getting recognized by -- their communities.

Strong policies against sexual harassment appear to be a factor in shielding banks from the public shamings that have occurred in other industries, but even they know they can’t get too complacent. Some are ditching old training sessions and trying new things like coaching witnesses on how to report demeaning behavior.

The California company has agreed to buy Grandpoint Capital, a business bank in Los Angeles, for $641 million.

Credit unions had a pretty good 2017, but with many big banks still reeling from scandals there are steps CUs can take to make 2018 even better.

Darryl White sees an opportunity for Bank of Montreal to take more market share in the United States, and he’s betting on investments in mortgage lending, commercial banking and capital markets to get there.

The Fed determined that Jacob Goldstein, who was also president of NBRS Financial Bank, improperly signed off on loans without telling the board that he would benefit from them. The bank failed in 2014.

The one-notch downgrade, announced Wednesday, came in response to the Fed's unprecedented decision to halt asset growth at the embattled bank.

Here's another look at the variety of ways credit unions are helping kids and giving back to their communities.

Patriot National in Connecticut would become the latest community bank to ramp up small-business lending with its $81 million deal to acquire Hana Financial's much larger SBA lending unit.

York County FCU and Atlantic FCU announce intent to merge. The announcement came on the heels of news that another CU's expansion into York County was granted.

A group of credit unions is looking to make the most of two big banks' recent moves that angered their customers.

If the Fed order is lifted quickly — a big if — then the impact on Wells should be minimal. But if it lingers past 2018, then the bank could find itself on the losing end of the battle for customers and top talent.

The bonus payout represented 27 percent of the $87 million-asset credit union's 2017 revenue.

The Wisconsin-based Marine CU, $759 million in assets, has acquired the tiny Bent River Community CU of Iowa, with just over $18 milllion in assets.

The company, which is planning to sell at least $25 million in stock, said in a presentation tied to the offering that it is well positioned for M&A.

Credit unions across the country are making the most of American's passion for football and, in particular, the big game coming this Sunday.

Corporate governance experts normally recommend separating the roles, but Fifth Third's lead director says giving CEO Greg Carmichael both titles was a vote of confidence in his ability to guide the Cincinnati company.