Compensation
Compensation
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HomeStreet Bank will attempt to sell its stand-alone mortgage business and portfolio of servicing rights, a move that comes amid growing pressure from an activist investor to exit home lending and concerns about declining demand and regulatory challenges.
February 15 -
From branch management all the way to a spot on a Federal Reserve panel, credit union executives are making big career moves.
February 14 -
Arjuna Capital is filing shareholder proposals with 11 financial and tech companies to uncover median gender pay gaps, which it said would determine if more women are concentrated in lower-paying jobs.
February 13 -
OceanFirst in New Jersey shuttered more than a third of its branches but says nearly all the customers stuck with the bank because it trained employees to show customers how to go digital.
February 12 -
A number of credit unions across the country have made hires and announced promotions, including to their mortgage teams.
February 12 -
Stephanie Sievers, who already has experience running two small credit unions, will take over at the $35 million-asset CU.
February 12 -
In a throwback to the movement's early days, a handful of CEOs are dually employed by their credit unions and the institution's sponsor organization.
February 12 -
The Fed vice chair says regulators need to be on the “cutting edge” at spotting vulnerabilities; firm looks to win over future millionaires.
February 11 -
The CEO earned a 15% pay increase after the company posted record profits.
February 8 -
A lawsuit alleging Wells Fargo improperly compensated its California-based mortgage loan officers could have broader ramifications now that it has been granted class certification.
February 8 -
Maureen Genna will take over from retiring CEO Linda Levy, who gained notoriety when she sued the Trump administration.
February 8 -
Michael Athens was the Albuquerque, N.M.-based institution's vice president of operations before serving as interim president and CEO.
February 8 -
BB&T is buying SunTrust Banks, creating a $442 billion-asset institution. Credit unions are hopeful the mega merger will present an opening to pick up new business.
February 8 -
A number of credit unions, including Direct Federal Credit Union, have appointed new executives.
February 7 -
Management success isn’t about adopting the latest technology craze or exuding charisma, it’s about prioritizing employees and customers.
February 7 -
John Asbury says his Virginia bank, soon to be renamed Atlantic Union Bank, could eventually stretch from Charlotte, N.C., to Baltimore and take on the big players that dominate those markets.
February 6 -
The Albany, N.Y.-based credit union has already named a successor for when CEO Paula Stopera retires in May.
February 6 -
The division of the Indiana Credit Union League, along with CUs and other industry organizations, has made a number of new hires and promotions.
February 5 -
Tim Green is taking over at the California-based credit union following the retirement of longtime CEO Richard Andrews.
February 5 -
The bank said it will hold back bonuses to its former CEO and others as it probes the 1MDB scandal; the House is looking into the bank’s loans to Trump's firm.
February 4





















