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The ouster of Cardinal Bankshares' chief executive helped set into motion events that led to the Floyd, Va., companys merger with another banking company.
January 22 -
Greater Texas Federal Credit Union in Austin has named Howard Baker chief executive.
January 22 -
Signature Bank in New York has filed a plan to sell about $299 million in common stock.
January 22 -
The American Bankers Association has gone public with its issues with a plan to require banks to record loan-loss provisions when they originate a loan. Bankers are worried that the rule will eventually force smaller institutions to use costly modeling programs to comply.
January 22 -
Associated Banc-Corp in Green Bay, Wis., reported fourth-quarter earnings of $42.8 million, a 12.2% drop from a year earlier as the company set aside a significantly higher amount of money to address potential problems in its energy portfolio.
January 22 -
Independent Bank Group in McKinney, Texas, has exited the Small Business Lending Fund program.
January 22 -
John Kanas, BankUnited's CEO, said the business never turned a profit, and there were no indications that it would. The company, meanwhile, remains committed to other residential lending operations while focusing on expanding its other businesses across Florida.
January 22 -
Fleet card provider WEX is realizing an unexpected marketing opportunity in preparations for Winter Storm Jonas: Its mobile app can enable snowbound users to instantly locate of the nearest operating gas station.
January 22 -
Ideal Credit Union in Woodbury, Minn., has paid back more than $2 million to members through a special program since it began in 2012.
January 22 -
PacWest Bancorp in Los Angeles said its October acquisition of the tech-focused lender Square 1 helped its fourth-quarter profit rise 1.2% from a year earlier to $71.8 million.
January 22






