PHH Corp. Monday morning named former General Electric energy executive David E. Tucker president of its mortgage division.

Union Bankshares of Morrisville, Vt., has named its president, David S. Silverman, as chief executive after Kenneth D. Gibbons stepped down from the position.

FNB United (FNBN) in Asheboro, N.C., is planning to sell up to two million shares of its common stock in a move that could net it close to $60 million of fresh capital.

The flagging bank M&A market needs a revival. This week bank executives and investors are sharing strategies to bring back the deals.

WASHINGTON – Members of the credit union-start-up REALTORS FCU, billed as the nation's first virtual credit union, voted over the weekend during the annual convention of its sponsor, the National Association of REALTORS, to merge the $75 million credit union into nearby giant Northwest FCU.

More than 100 former HSBC Bank branches across upstate New York and Connecticut are now operating as branches of First Niagara Bank.

If online and mobile channels are so crucially important, why don't credit unions spend the money to reflect that?

Online account opening has a strong future, but it's not there yet-and it's the primary reason the physical branch will have a robust role well into the near future, according to Scott Hodgins, research director for Cornerstone Advisors.

In a time most financial institutions are hesitant to open so much as one new branch, $130-million Community First Credit Union has found success opening three "smart offices" in the heart of California's wine country.

Most credit unions hang their hat on delivering great service to their members. But Partners FCU has the daunting task of pleasing The Walt Disney Co., known worldwide for going the extra mile to knock the socks off its customers.

Advances in touch-screen technology, video analytics and biometrics are all being put to use to craft the next generation of branch banking.

In spite of long term investments in alternative service delivery channels, the cost of serving members is not declining, and the traditional bricks-and-mortar branch will remain a key channel well into the near future.

Education First CU has launched what it believes to be the nation's smallest full-service credit union branch.

Mention the word “collections,” and the stereotype that comes to mind for many customers is the unpleasant phone call that arrives during dinner or as they’re settling in to relax and watch TV for the evening.

WAUSAU, Wis. — NCUA this evening liquidated Wausau Postal Employees CU and assigned the remnants of the one-time $10 million credit union to nearby giant CoVantage CU.

The Office of the Comptroller of the Currency closed Alabama Trust Bank in Sylacauga on Friday, making it Alabama’s first bank failure in more than a year.

Bank stocks are up 13% this year, despite the recent swoon tied to JPMorgan Chase's trading snafu. That appreciation is pushing dividend yields down, leading some to wonder if banks will eventually raise quarterly payouts or hold onto the capital.

National Bank Holdings in Boston is shifting its headquarters to Denver following a string of bank acquisitions in Colorado and nearby states.

Put aside the bellyaching about the disappointing deals market. Focus instead on creative deals, nontraditional acquisitions and the nuances of what can be done within current regulations and economic realities, experts will advise at American Banker's M&A conference Monday and Tuesday.

A $2.3 billion loan temporarily pushed Emigrant's total assets over $15 billion. Because it was briefly above that threshold, the bank will be subject to a provision of the Dodd-Frank Act that prevents banks from counting trust preferred securities as part of their Tier 1 capital. Emigrant is asking Congress for an exemption.