Washington

WASHINGTON — The Cooperative Trust, the group for young professionals within the credit union movement, is calling for applications to "crash" CUNA's 2015 Governmental Affairs Conference.

Seacoast Commerce Bank in San Diego has created a new holding company.

Richmond Fed President Jeffrey Lacker discusses why he distrusts a government-run system for unwinding banks, how community banks could thrive in the future, and why policymakers should consider better distinguishing between the biggest institutions and mid-size firms.

Since the crisis, banks have relied on lower loan-loss provisions to make a profit. But banks actually made money in the third quarter. Here's how.

Anchor Bank in Lacey, Wash., has been released from a state regulatory order.

MUFG Union Bank will close 20 branches of the former Frontier Bank in Washington state.

WASHINGTON — Payment operators should prioritize consumer protection as bad actors access networks like the automated clearing house and the industry tries to increase transaction speeds, a key regulator said Thursday.

Federal Reserve Board Gov. Daniel Tarullo said the agency wants to enforce its liquidity rules in such a way as to ensure that accumulated capital can be deployed in times of economic stress.

First Financial Northwest in Renton, Wash., has gotten regulatory approval to receive a $70 million dividend from its bank unit.

WASHINGTON — Sen. Elizabeth Warren's new spot on the Democratic leadership team has supporters cheering, but it remains to be seen how the role will impact her work on financial services issues.

WASHINGTON — Credit unions as a whole — yes, even small CUs — experienced significant success in the third quarter, according to analysis by Callahan & Associates that found increases in key areas including loans and membership.

WASHINGTON — Credit unions are lobbying for several key pieces of legislation in the lame-duck session, but it could be a case of too little time and too much inertia.

WASHINGTON — Boulder, Col.-based Elevations CU here has been named one of four recipients of the 2014 Baldridge Award from the Commerce Department's National Institute of Standards and Technology (NIST).

WASHINGTON — Merchant and financial services groups are again at odds over cybersecurity policy, sparring over who's to blame for recent data breaches and how lawmakers can ensure greater protections.

WASHINGTON — The National Credit Union Administration on Monday joined a growing queue of angry investors suing Deutsche Bank National Trust Co.

Banks on opposite coasts — Sterling Bancorp in New York and Banner in Washington — are joining the list of institutions teetering on the $10 billion-asset threshold where a slew of new regulation kicks in. The banks' CEOs said they were finally able to peg the expected costs of reaching that size.

Late Wednesday, Banner Corp. in Walla Walla, Wash., announced it would acquire AmericanWest Bank in a $702 million stock-and-cash deal.

Thomas H. Lee Partners and Warburg Pincus are selling the rest of their stock in Umpqua Holdings in Portland, Ore.

Columbia Banking System in Tacoma, Wash., and First Business Financial Services in Madison, Wis., were among a sizable group of banking companies that completed acquisitions in recent days.

NCUA said in a press release Friday that it has barred three former credit union employees from working at a federally insured financial institution.