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The veteran banker wants to turn his Pennsylvania bank into a major business lender. But first he has to spin off the buzzy digital-only bank he helped build.
December 27 -
The California-based credit union has seen significant growth among young members, but satisfaction rates were on the decline among all demographics due to long lines and wait times.
December 27 -
Scott Page, CEO of CoBiz Bank, will retire in a few days. He will be succeeded by Steven Bangert, the company's chairman and CEO. The company's chief financial officer will also become its chief operating officer.
December 27 -
The company will gain four Chicago-area branches as part of the $41 million all-cash acquisition for the parent of ABC Bank.
December 27 -
Rita Lowman recently joined the bank from C1 Financial, where she had been chief operating officer.
December 26 -
David Becker is trying to prove to investors that his Indiana bank can succeed over the long term. With the rise of online banking and fintech firms, Becker is a community banker worth watching in the new year.
December 26 -
Davis, who stepped down as CEO a year ago, will retire as the company's chairman and as an employee at the end of 2017. Umpqua will then become one of the few publicly traded banking companies with a female chair.
December 22 -
The regulator on Thursday announced a delay in the implementation of its prepaid rule, along with safe harbor for HMDA data reporting.
December 22 -
Once 2018 arrives, significant new payment and data-sharing rules will take effect in Europe, and the fallout is expected to affect banks, merchants and technology vendors globally.
December 22 -
The acquisition will give LCNB its first branch and deposits in the Columbus, Ohio, market.
December 21 -
Provident Financial Holdings in Riverside, Calif., announced that it expects to record a $650,000 litigation charge to settle two more long-running lawsuits related to overtime compensation.
December 21 -
The company has registered shares that three private equity firms have held since early 2010.
December 21 -
Small Michigan CU will merge into BlueOx Credit Union of Battle Creek.
December 21 -
Though Marlene Caride has no direct experience in the banking industry, she could play a key role in carrying out Governor-elect Phil Murphy’s pledge to create a public bank in the Garden State.
December 21 -
Holiday loans are up significantly at Blue Federal Credit Union this year thanks to improvements to the CU's mobile and online banking apps that allowed members to apply for -- and fund -- loans in a matter of minutes.
December 21 -
Heritage Commerce will pay $32 million for Tri-Valley in a deal that should be accretive to tangible book value and earnings.
December 21 -
Fifth Third said it will give a bonus or raise to about three-quarters of its employees while Wells Fargo raised its minimum hourly pay in the wake of Congress' passing a tax reform bill.
December 20 -
Alipay is chasing Chinese tourists to Japan, where it’s signing up a growing number of retailers and eyeing the long-term potential of the nation’s $45 billion digital payments market.
December 20 -
Regional and community banks will offer low-cost or no-cost financial products through Bank On, which has already reached agreements with Regions Bank, Wells Fargo and SunTrust.
December 20 -
TransferTo and Cellum, a leading international mobile wallet provider, have formed a strategic partnership enabling Cellum to expand its services by leveraging TransferTo’s cross-border payments network.
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