PeoplesBank in York, Pa., has hired Charles T. Field as its chief financial officer. The $1.5 billion-asset bank said in a press release Tuesday the Field will also be treasurer of its parent company, Codorus Valley Bancorp.

Bay Bancorp in Columbia, Md., is defending itself against claims it should be held responsible for embezzlement that allegedly took place at a bank it recently bought.

Following the regulatory orders against Wells Fargo and the resignation of its CEO, stockholders are likely to ask whether the board has responsibility and even liability for the bank's compliance failures.

The former chief executive of NOVA Bank in Berwyn, Pa., will serve more than two years in a federal prison for his role in a fraud scheme involving the Treasury Department's Troubled Asset Relief Program.

Refusing to let innovators experiment in a permissive environment keeps regulators in the dark, and ultimately, prevents progress in financial services.

A group of online consumer loans that were packaged into bonds is going bad faster than lenders and bond underwriters had expected, the latest sign that some startups that aimed to revolutionize the banking industry underestimated the risk they were taking.

Little Bank in Kinston, N.C., has agreed to buy its first bank. It will pay $30.7 million, or $11.94 a share, for the $298 million-asset Union Banc in Oxford, N.C.

The founder of Sterling Bancshares in Poplar Bluff, Mo., has resigned a month after he being placed on administrative leave.

Betting the farm on record crop, livestock and dairy prices has turned into a losing investment for an expanding share of America's agricultural heartland. The level of debt to income is the highest in three decades, and growers are increasingly unable to make loan payments.

Aaron Vermut has resigned as chief executive of Prosper Marketplace, according to a report in The Wall Street Journal. Vermut stepped down last week but will remain a director at the San Francisco-based online lender, according to the report, which cites unnamed sources.

KeyCorp integrated First Niagara just a couple of months after the deal closed. CIO Amy Brady says coordination between business leaders and the tech team paved the way.

Summit State Bank in Santa Rosa, Calif., has hired a rival’s chief credit officer.

If there is one thing credit unions and banks can agree on with regard to the National Credit Union Administration's latest effort to revamp its field-of-membership rules it is this: a lawsuit is brewing.

The same incentives structure that encouraged bad behavior at the bank can be blamed for ethical mishaps in other industries as well as the government.

Midland States Bancorp in Effingham, Ill., has plucked its new chief financial officer from a much larger bank: Kevin Thompson, who joins Midland from Zions Bancorp., where he had been senior vice president of corporate finance since 2014.

The president-elect faces major questions about credit access, affordable housing, the future of Dodd-Frank, and the structure of the Consumer Financial Protection Bureau, and the extent to which he will act upon them remains unclear.

Trustmark in Jackson, Miss., has agreed to buy RB Bancorp. in Athens, Ala.

T Acquisition, an entity formed by A. Haag Sherman and the partners of Cain Watters & Associates, has agreed to buy the $207 million-asset parent of T Bank for $40.5 million, based on the seller's number of shares outstanding at Sept. 30.

Optimism is running high in banking after the presidential election, as many bankers see Donald Trump's promises to lower corporate taxes and weaken regulations as potential boons for the economy and their bottom lines. Others, though, doubt Trump would push through or even endorse meaningful regulatory reform and are wary of his protectionist rhetoric. Here's what some bankers have to say to the president-elect.

The Consumer Financial Protection Bureau's contentious rulemakings on arbitration and payday lending may be in jeopardy with the change in administrations and continued GOP control of Congress.