Location Root Tag

First Niagara Financial Group's (FNFG) first-quarter profit fell 11.7% as job cuts and branch closures increased expenses.

Orrstown Financial Services (ORRF) in Shippensburg, Pa., will cut 32 jobs in its operations and retail branches after implementing technology upgrades.

ERIE, Pa. — A tip from a Widget Financial employee has uncovered a massive nationwide fraud scheme.

The lawsuit claims that Benjamin Weinger of 3-Sigma Value conspired with certain directors to defame the executives before the board fired them earlier this month.

The first-quarter profit at Cardinal Financial Corp. (CFNL) in Tysons Corner, Va., fell 42% from a year earlier, largely due to merger-related expenses.

PacWest Bancorp (PACW) in Los Angeles reported a surge in quarterly profits as the company produced more loan revenue.

Cullen/Frost Bankers (CFR) in San Antonio reported a profit of $59.2 million in the first quarter on strong asset and deposit growth.

M&T Bank (MTB) in Buffalo announced that former vice chairman Michael Pinto has died.

WASHINGTON — In a move that will surprise no one, Sen. Elizabeth Warren pulls no punches calling out bankers and Washington insiders in her just-released memoir.

Jefferson Bancshares' efforts to sell itself were marked by several fits and starts over three years, highlighting the fickle nature of consolidation since the financial crisis.

SPRINGFIELD, Mo. — The rise of social media has given credit unions a new way to hire employees at all levels, using sites such as Facebook, LinkedIn and Twitter to publicize job openings as well as screen potential candidates.

A failed Kansas bank is suing state regulators alleging that they had insufficient grounds to close it.

Simsbury Bank (SBTB) in Connecticut named a new retail management officer to succeed Howard Zern who is retiring at the end of this month.

Flagstar Bancorp (FBC) in Troy, Mich., reported a significant first-quarter loss as its loan-loss provision more than quintupled.

Profits at Prosperity Bancshares (PB) in Houston grew by more than a third thanks to recent acquisitions as well as organic loan growth.

Popular (BPOP) in San Juan, Puerto Rico, has found buyers for its regional operations in Illinois, California and central Florida.

Community Bank System (CBU) in Syracuse, N.Y., reported higher profits on payback from a branch acquisition and stronger credit quality.

Fulton Financial (FULT) in Lancaster, Pa., reported higher quarterly profit that benefited from a cost-cutting initiative.

Trustmark (TRMK) in Jackson, Miss., reported earnings of $29 million in the first quarter, up 13% from the same period last year.

BALTIMORE — Securityplus FCU said it is now certified as a Community Development Financial Institution by the U.S. Treasury, making it one of just 177 CDFI-certified credit unions in the nation.