The Latest

The National Credit Union Administration (NCUA) announced it has selected Cherie Freed to become regional director of the agency’s Region V office in Tempe, Ariz.

Richard Krauland will retire later this year as chief executive of NexTier Bank in Butler, Pa., after leading the institution through two mergers and name changes.

Revenue at Webster Financial in Waterbury, Conn., hit a record $240.6 million in the first quarter, but expenses related to its expansion in Boston and an uptick in net chargeoffs kept profits flat.

Summit State Bank in Santa Rosa, Calif., has a new chief executive.

Ascend CEO appointed to the FRB-Atlanta Advisory Council and other CU advocates in the news.

Consumer credit default rates remained relatively flat in March despite a jump in bank card default rates, according to the S&P/Experian Consumer Credit Default Indices.

An improvement in fees collected for trust and investment services at Northern Trust contributed to an increase in first-quarter profit.

Community banks are at a crossroads as they face a threat from alternative lenders and the need to stay true to the traditional bank model. What they should do?

Wells Fargo Named Primary Dealer; Asia's Malware Woes

Synovus Financial in Columbus, Ga., reported lower quarterly earnings as salaries and personnel expenses increased.