Location Root Tag

WASHINGTON — The White House is slated to unveil a major package of initiatives on Friday to increase data security for financial transactions, including an executive order to add chip-and-PIN technology to government-issued credit and debit cards.

First Horizon National in Memphis, Tenn., beat analysts' estimates for a second consecutive quarter, posting net income of $45 million — 19 cents a share — paced by strong revenue growth and continued improvement in credit quality.

Comerica in Dallas reported broad loan and deposit growth in the third quarter, increasing net income 4%, to $154 million, from a year earlier.

People's United Financial in Bridgeport, Conn., said solid growth in commercial and mortgage loans drove third-quarter net income up 5% to $61.6 million, or 21 cents per share.

Lincoln County Credit Union in Libby, Mt., has selected Sharetec System as its new core system.

LOS ANGELES — With a former credit union executive running for a seat in the U.S. House of Representatives — plus other races of note — politics will be a bigger issue than usual for CUs in California and Nevada this fall.

LAS VEGAS — With the manner in which credit unions and their members interact changing with every technological development, CUs need to master the art of outreach.

LOS ANGELES — It's taken six long years, but credit unions in the Golden and Silver States finally have something to celebrate when they gather here this week for their annual meeting: momentum.

WASHINGTON — From her first job at a small credit union to her current job in Congress, Barbara Lee has been working to help credit unions in one form or another.

WASHINGTON — The U.S. Supreme Court could have a say in how regulators issue guidance on interpretive rules that are not subject to notice and comment, which could have ramifications for NCUA and the credit union community.

SunTrust Banks in Atlanta reported higher third-quarter earnings on improved fee income from its investment banking unit, mortgages and card fees.

First Niagara Financial in Buffalo, N.Y., plans to close 17 branches and two drive-through locations in January.

Huntington Bancshares in Columbus, Ohio, reported lower third-quarter earnings despite an uptick in revenue. The culprit was its nearly $23 million in special expenses.

Hawaii First Federal Credit Union received the Annual Native Community Development Financial Institution (CDFI) Convening's Circle of Honor Award.

Associated Banc-Corp in Green Bay, Wis., produced strong loan growth and other results in the third quarter that analysts said outshone some of its peers.

Wintrust Financial in Rosemont, Ill., reported third-quarter earnings of $40.2 million, as increases in interest and fee income were partially offset by heavier expenses.

The $1.1 billion-asset Starion did not disclose the terms of its deal for WPS Community, a federally chartered thrift with $98 million in assets.

Acquisitions buoyed third-quarter earnings at Home BancShares in Conway, Ark. The $7.2 billion-asset company reported Thursday that it earned $27.4 million, up roughly 49% from a year earlier.

Capital Bank Financial Corp. in Coral Gables, Fla., reported higher third quarter earnings driven by lower expenses and asset quality improvements.

Sandy Spring Bancorp in Olney, Md., posted lower third-quarter earnings as expenses rose and net interest income declined.