Location Root Tag

Dozens of insurers have sold off their banks in recent years, with just a handful choosing to remain in the business. Mutual of Omaha Bank is committed to building a traditional community banking culture with its parent company's backing.

C1 Financial in St. Petersburg, Fla., is going public.

QNB Corp. (QNBC) in Quakertown, Pa., is looking to replace its chief financial officer.

JPMorgan Chase (JPM) has partnered with Liberty Bank in Detroit to offer financing to homebuyers interested in restoration of the city's run-down properties.

The National Credit Union Administration has liquidated IBEW Local 816 Federal Credit Union in Paducah, Ky.

Alerus Financial (ALRS) in Grand Forks, N.D., has acquired Private Bancorp. in Minneapolis for $15.9 million in cash and other considerations.

PEKIN, Ill. — Charles Juska, the former head of Tazewell County School Employees Credit Union, is accused of misapplying more than a half-million dollars of the CU's assets.

Wells Fargo & Co., the world's most valuable bank, said profit increased 3.8 percent on lower costs even as the lender snapped a 17-quarter streak of rising per- share earnings.

OFG Bancorp (OFG) in San Juan, Puerto Rico, added two members to its executive team.

Discover President Roger Hochschild, testifying at a government antitrust trial of American Express in federal court in Brooklyn, N.Y., said his company tried to offer low interchange rates in the late 1990s and then gave up because bigger, higher-cost rivals had too much market power.

WASHINGTON — Checking account interest rates — and fees — are rising, according to a new report from WalletHub.

Home Federal Bancorp of Louisiana (HFBL) in Shreveport, La., has hired a new chief financial officer.

Cadence Bancorp in Houston has raised $245 million in an oversubscribed debt issuance.

Protiviti in Menlo Park, Calif. has developed a new module companies can use to develop and manage an anti-corruption program that aids compliance with the U.S. Foreign Corrupt Practices Act and other anti-corruption laws.

VSB Bancorp (VSBN) in Staten Island, N.Y., reported higher quarterly profit on lower expenses and higher-yielding securities investments.

Creative alternatives to overdrafts are not the sole domain of big banks.

New York banks have been worried that Mayor Bill de Blasio's plans for affordable housing would hurt multifamily lending. But two recent city political decisions have been favorable for banks, and some CEOs say they're hopeful now.

OptimumBank Holdings (OPHC) in Fort Lauderdale, Fla., is optimistic that raising roughly $850,000 will help it remain on the Nasdaq.

MANHATTAN BEACH, Calif. — Kinecta FCU has launched two small-dollar loans that test alternative underwriting guidelines to serve the underbanked.

F.N.B. Corp. (FNB) has moved its corporate headquarters to Pittsburgh.