The Latest

Municipal Credit Union in New York has received compliance certification for its data security systems.

MetLife plans to separate much of its U.S. retail business as Chief Executive Officer Steve Kandarian works to shrink the company to limit federal oversight.

Legislation to audit the Federal Reserve's monetary policy fell short of the 60 votes necessary to win a key procedural motion in the Senate on Tuesday.

Umpqua Holdings in Portland, Ore., has hired Tory Nixon, who played for the San Francisco 49ers in the 1980s, as head of commercial banking.

With the specter of an NCUA Board diminished to just two board members—possibly even all the way down to just one—hovering over the agency, a number of key regulations hang in the balance.

Valley National Bank in Wayne, N.J., has a new chief administrative officer.

Chris Bauer, who navigated Anchor BanCorp through bankruptcy and an IPO, will stay with Old National in an unspecified role. Old National, meanwhile, has added Wisconsin to the list of states where it is looking for acquisitions.

District Government Employees Federal Credit Union in Washington, D.C., and Whitefish Credit Union in Montana have begun collaboration with COMPASS 4 CUs on regulatory compliance support.

David Foss is set to become chief executive of Jack Henry & Associates in July. He will remain president of the technology and payment processing services provider.

Mary Kay Bates, who had been chief operating officer in January 2014, was promoted to president of the $724 million-asset bank in Spirit Lake, Iowa.