The Latest

CNB Financial in Clearfield, Pa., has picked a veteran director to be its next chairman, the sixth in the company's 32-year history.

A federal judge in California approved a $2.4 million settlement in a class- action lawsuit against Social Finance, a San Francisco-based online lender.

New documents shed light on the recent incident in which many prepaid card users reported that they were unable to access their own money.

The $3.4 billion-asset company said in a press release that the division will offer a variety of SBA products.

A new exam handbook released by the Office of the Comptroller of the Currency is sparking concerns that the agency is quietly expanding heightened regulatory guidelines meant for larger banks to smaller institutions.

Meta Financial Group in Sioux Falls, S.D., has expansion in mind, citing M&A and other growth-related pursuits as the reasons behind a $75 million debt issuance.

Lending, technology and talent management are among the areas experts suggest credit unions focus on in their 2017 strategic planning sessions.

ICBA Bancard has bought an agent bank portfolio from Fifth Third Bancorp in Cincinnati that carries about $98 million in credit card receivables.

Old Line Bancshares in Bowie, Md., has issued $35 million in subordinated debt to help pay for an acquisition and for growth moves down the road.

Las Vegas-based Silver State Schools Credit Union released its second quarter financial results for 2016. These results mark the credit union’s 17th consecutive quarter of growth following the financial crisis and Great Recession.