The Latest

Greylock hires new chief risk officer, Inova names a VP of member experience and other CU professionals and volunteers in the news.

First Internet Bancorp in Indianapolis plans a secondary offering of about $20 million of common stock.

During the ascension of marketplace lending, banks responded to the competitive threat in several different ways. Now some banks are better positioned than others to take advantage of the online sector's recent woes.

RIVERSIDE, Calif. — The credit union movement continues to lose leaders with decades of experience, the latest being Mark Hawkins, who has been president and CEO of what now is known as Altura CU since February 1988. Late Monday, Credit Union Journal learned Hawkins will retire in February 2017.

CO-OP Financial Services announced that Todd Clark will become its new president and CEO, effective June 27, succeeding Stan Hollen, who is retiring.

A Maryland jury delivered a verdict and $38 million judgment against a collection agency in a class-action lawsuit. It is the largest judgment against a collection agency in the state's history.

The Bancorp in Wilmington, Del., has selected a former Citigroup executive as its next chief executive.

In guidance on banks' resolution plans, regulators effectively have made important policy decisions about liquidity transformation that were not subject to notice and comment.

BofA Libor Ruling Overturned; Swift Security

WASHINGTON — The House passed a bill by a voice vote Monday that will make it easier for mortgage originators to take a new job across state lines or move from a federally regulated bank to a nonbank lending shop.