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Webster Financial in Waterbury, Conn., reported lower first-quarter profit as costs from adding personnel and an acquisition weighed on results.

Fort Atkinson, Wis. — Fort Community Credit Union on Thursday said it is preparing for the eventual retirement of chief executive Ronald Vogel by transitioning current Chief Operations Officer Susan Johnson to president.

Wintrust Financial in Rosemont, Ill., reported first-quarter earnings of $39.1 million, up 13% from a year earlier, as loans increased and mortgage revenue rose.

Home BancShares in Conway, Ark., reported higher first-quarter profit and assets after it acquired branches and loans from the failed Doral Bank in Puerto Rico.

First Dakota National Bank in Yankton, S.D., has agreed to buy a branch from HF Financial in Sioux Falls, S.D.

First Republic Bank reported higher quarterly profit, though loan growth pushed the San Francisco company above $50 billion in assets.

Heartland Financial in Dubuque, Iowa, has agreed to buy Community Bancorp. of New Mexico in Santa Fe.

ARLINGTON, Va. — Reports that Target is close to paying MasterCard nearly $20 million to reimburse credit unions and banks for the costs associated with the retailer's 2013 data breach is not good enough for one CU trade group.

HSBC has informed New Hampshire's Attorney General of a compromise of some records of current and former mortgage customers of its HSBC Finance unit. HSBC Finance is a nonbank lender, formerly known as Household Finance, that HSBC bought in 2003. The bank is in the process of winding it down.

KeyCorp in Cleveland reported a drop in first-quarter earnings as expenses and its provision for loan losses crept up.

Security California Bancorp in Riverside, Calif., has agreed to buy a branch from Rabobank.

IF Bancorp in Watseka, Ill., has selected the successor for its retiring president and chief executive.

VIENNA, Va. — Navy Federal Credit Union said it has closed a "record-breaking deal" with the Marine Corps Heritage Foundation (MCHF) on a commercial construction loan to complete the National Museum of the Marine Corps in Triangle, Va.

Westamerica Bancorp. is delaying its plan to shutter a small branch in Upper Lake, Calif., to give community leaders more time to convince another bank or credit union to set up shop there.

Hudson City Bancorp faces a U.S. government investigation into discriminatory lending practices, according to two people familiar with the matter, posing a potential new hurdle in the bank's long-delayed sale to M&T Bank Corp.

Westamerica Bancorp.'s profits fell again in the first quarter as a result of management's decision to shrink its loan portfolio and load up on lower-yielding investment securities

AUSTIN, Texas – As the Cornerstone Credit Union League nears its second birthday, its CEO says the organization is working well for CUs in Texas, Arkansas and Oklahoma.

PacWest Bancorp in Los Angeles announced Tuesday that Chief Financial Officer Victor Santoro plans to retire from the post this summer and West Coast banking veteran Patrick Rusnak will succeed him in that role.

The Consumer Financial Protection Bureau filed a lawsuit Tuesday against the owner of several tax-preparation outlets that allegedly steered low-income clients into expensive loans against their anticipated refunds.

Ocwen Financial announced a preliminary loss of $546 million, or $4.18 per share, for fiscal year 2014 Tuesday, on a higher-than-expected goodwill impairment and charges stemming from the company's settlement with the New York Department of Financial Services.