The Latest

Associated Banc-Corp in Green Bay, Wis., reported higher quarterly profit on the strength of tight expense control and strong mortgage banking revenue.

SVB Financial Group in Santa Clara, Calif., reported substantial increase in quarterly profit that reflected higher revenue.

Independent Bank in Rockland, Mass., has agreed to buy Island Bancorp in Edgartown, Mass.

In a move designed to help further calm lender fears about mortgage repurchase liability, Fannie Mae is preparing to offer immediate representation and warranty relief to lenders that use its suite of automated quality assurance technology.

Signature and BankUnited had warned of weakness in their medallion portfolios for months but had resisted taking drastic measures. Things changed when large borrowers started to miss payments.

Credit unions can capitalize on bank scandals such as the recent fraud uncovered at Wells Fargo, but they have to lay the groundwork first.

Equity Bancshares in Wichita, Kan., has agreed to buy Prairie State Bancshares in Hoxie, Kan.

Bank of America has entered into a strategic partnership with digital payments firm ModoPayments that will give the bank access to Modo's digital payments hub.

Tulsa FCU adds six director-level execs and more CU professionals in the news.

The World Council of Credit Unions has launched a social media app aimed at bringing together the global credit union community, but questions remain about whether or not it will catch on.