Stephen Calk, the CEO of The Federal Savings Bank, expedited approval of a mortgage to the onetime Trump campaign chair in hopes of winning a job as Treasury secretary or housing secretary, a former bank employee testified Friday.

Merger announcements typically follow a tried-and-true formula of cutting costs to boost profit. WSFS, however, plans to reinvest $32 million in new tech initiatives after buying Beneficial.

Customers Bancorp said Flagship Community Bank has temporarily withdrawn its application with the FDIC to acquire the digital bank.

Good old-fashioned commercial credit analysts are a dying breed, David Nicholson says. Community banks need them to stay competitive in C&I, but training courses have been cut back. So he’s on a mission to teach as many students as he can.

The proposed Piermont Bank would be based in Midtown Manhattan. It is the second de novo being planned in New York.

While the looming loan-loss accounting standard has been criticized for its complexity and the potential cost to implement, some advocates believe it could also lead to better pricing decisions and improve communication within a bank.

Interactive teller machines and other solutions are helping credit unions improve service for members whose primary language is not English.

While Workers United will no longer own more than half of Amalgamated's stock, it will remain the bank's biggest investor.

Facebook is seeking customer data from big banks. Executives say it's not clear what the benefit would be, but the drawbacks are easy to tally.

Montana Sen. Jon Tester was among a handful of Democrats central to passing regulatory relief this spring. Bankers need to back his re-election regardless of party affiliation.

The Massachusetts-based CU says membership growth has accelerated to 7.4 percent.

The online lender’s president, Steve Allocca, shares how the company weathered scandal and hints at future plans to grow its product set.

Gateway Mortgage's owners plan to merge the mortgage lender into Farmers Exchange Bank.

While most acquirers are content to let cost savings trickle down to the bottom line, WSFS will use the purchase of Beneficial to reinvent itself.

The Delaware company plans to reinvest savings from the $1.5 billion acquisition to upgrade technology and delivery channels.

There’s much for banks to like — and for consumer advocates to dislike — in a report on the industry's overdraft policies released Tuesday by the Center for Responsible Lending.

The former Trump campaign chair got $16 million in mortgages from The Federal Savings Bank. His trial is shedding new light on what the bank's CEO allegedly received in return.

N.B.C. Bancshares' deal for Bank of Cushing will give it two branches an hour outside of Tulsa.

The online small-business lender was aided by loan growth, wider margins and stable credit trends. Its shares surged by 25% after second-quarter earnings were announced.

Bank organizers are picking one another's brains about hiring decisions, applications and raising capital as part of the monthslong effort to secure charters.