Corporate governance

The cuts punctuate the end to a rapid expansion period at the company, which now seems to be prioritizing profitability over growth.

Selling a participation in a line of credit to the Puerto Rico Electric Power Authority reduced the company's nonperforming assets by 9%.

First Busey will pay $133 million in cash and stock for Mid Illinois in a deal that should close later this year.

Jeffrey Osher, who led a bare-knuckle fight last year to oust the prepaid card company’s CEO and chairman, will serve as an adviser to the firm’s board.

SBA lending is on a tear. Gulf Coast Bank & Trust is the latest institution to dive into doing this activity nationwide after buying CapitalSpring.

League representing Florida and Alabama credit unions will pay out more than $200,000 in dues rebates, bringing the grand total returned to members in recent years to more than $1.4 million.

Farmers National will pay about $7.8 million in cash and stock for the $43.3 million-asset Monitor in a deal that should close in the second or third quarter.

A database that identifies wrongdoers could prevent banks from making bad hiring decisions, but can it ensure that former employees' rights are adequately protected?

First Florida Credit Union is touting a banner year in 2016 and says plans are underway for an even better 2017.

After sponsoring the Poinsettia Bowl for 12 years, SDCCU will hang its name on bowl game with four decades of history.

Koger Propst was also named CEO of the company's $2.6 billion-asset ANB Bank.

Investar will pay $46 million in cash for Citizens, which has three branches and $246 million in assets.

Joseph Greco previously served as CEO of Southern Connecticut Bancorp, which sold itself to Liberty Bank in 2013.

Credit unions affiliated with the league that serves Delaware, Massachusetts, New Hampshire and Rhode Island will see some of their dues money returned.

State Street Global Advisors has placed a statue, titled "The Fearless Girl," across from the iconic bull statue in lower Manhattan to draw attention to gender diversity on boards.

The company also seems to be shifting the narrative to operational performance after addressing claims of questionable insider dealings.

Premier Asset Management will add $550 million of assets under management to a platform that First Midwest has historically built with organic growth.

The agreement comes three months after Astoria and New York Community Bancorp called off plans to merge.

The Chicago company postponed a vote planned late last year after a surge in bank stocks changed the math behind the cash-and-stock transaction.

Cache Valley Bank in Utah agreed to buy Proficio's deposits and most of its assets.