The Latest

A tip from a whistle-blower led regulators to crack down on Citizens Financial Group for ignoring discrepancies between customer deposit slips and the amount actually placed into the bank — and similar actions against other banks could be on their way.

Argentine Federal Savings in Kansas City, Kan., has named Roger McWherter chief executive.

Enterprise Bancorp in Lowell, Mass., has named James Conway vice chairman and lead director.

Raymond Wilson is leaving the Honolulu bank, and current executives Anna Hu and Denis Isono will assume his duties later this month.

New Hampshire Mutual Bancorp in Concord will promote two executives to the position of president of its bank units after the retirement of Chief Executive Paul Rizzi.

Lending Solutions Inc. reported it set a new record for the number of loan applications processed in July.

FNBH Bancorp in Michigan has been unable to make an important move without its primary regulator's OK in the six years since its nonperforming assets hit double digits. It's an extreme example of the tension between past problems and future visions that freezes many banks.

DoverPhila Credit Union, a Dover, Oh.-based credit union with more than 35,000 members, has started using CAMS-ii core processing software provided by R.C. Olmstead of Powell, Oh.

Codorus Valley Bancorp in York, Pa., has given Chief Executive Larry Miller the additional title of chairman, after its longtime chair retired.

As technology becomes even more integral to nearly every aspect of running a credit union, more technology officers are finding themselves taking the reins as CEO. In this first of a series, CU Journal profiles FORUM CU CEO Doug True, who cut his teeth in IT.