The Latest

Robert Chavez, president and CEO of Sandia Laboratory FCU, was appointed to the Federal Reserve Bank of Kansas City's Community Depository Institutions Advisory Council (CDIAC).

The $1 billion-asset holding company for Veritex Community Bank redeemed about $8 million worth of SBLF shares.

The Federal Reserve extended the public comment period for KeyCorp's proposed $4.1 billion takeover of First Niagara Financial Group until Jan. 31, after a lawmaker said communities affected by the deal need to weigh in.

Synovus Financial in Columbus, Ga., has offered to acquire up to $100 million of its outstanding subordinated debt.

Middleburg Financial in Middleburg, Va., plans to record a $3 million impairment charge tied to a participation loan in which the borrower has been accused of fraud.

Citizens & Northern in Wellsboro, Pa., has paid off a $24 million repurchase agreement and will record a loss on the prepayment.

Birmingham Bloomfield Bancshares in Birmingham, Mich., has redeemed its shares in the Small Business Lending Fund and exited the program.

With its proposal to force big banks to deliver "recovery plans," the Office of the Comptroller of the Currency is filling a gap in the current regulatory regime — and making a power play at the same time.

Democratic presidential candidate Sen. Bernie Sanders called for several major changes at the Federal Reserve on Wednesday, warning that the central bank “has been hijacked by the very bankers it regulates.”

FBI accuses two Florida men with operating illegal Bitcoin exchange through now-defunct New Jersey credit union.