Erminia Johannson's promotion is part of an effort by BMO Financial to generate more revenue from its U.S. operations.

As regulators look to update the Community Reinvestment Act, they should better integrate online and mobile banking activity as part of exam performance.

The as-yet-unnamed bank, which would be based near Charlotte, N.C., would be led by Randy Helton, a former CEO at American Community Bancshares.

The company, which recently shared a three-year plan to bring in more lower-cost deposits and commercial loans, seems ready to play offense a year after the ouster of its CEO.

Nonbank mortgage firms are seeking formal assurance from the Consumer Financial Protection Bureau that they will not become subject to surprise audits or enforcement without involvement of a state regulator.

Achieva Credit Union, which recently formed a business to advise other acquisition-minded credit unions, has agreed to buy Preferred Community Bank.

A strategic payments plan could shine a light on critical gaps in a community bank’s offerings; one frequently missed opportunity is credit cards, writes Deborah Matthews Phillips, managing director of payment strategy for Jack Henry & Associates.

The company agreed to buy Bank of River Oaks for $85 million in cash.

Webster Bank’s partnership with the national broker-dealer LPL is a reversal of its initial opposition to robo-advisers. It is the latest regional bank to enter a market first claimed by the biggest banks.

The Justice Department required the sales before signing off on MainSource's pending sale to First Financial in Cincinnati.

People's Bank of Commerce in southern Oregon decided it had to diversify to survive, so when a director heard a factoring firm he co-founded was up for sale, the bank seized the moment. Now it has other deals in mind.

The bank joins a small group of companies that believe short-term forecasts will ultimately help customers build healthier financial lives.

The online small-business lender is enjoying a payoff from its year-old push to cut costs and tighten underwriting standards. It is also set to announce another lending agreement with a major bank this year, its CEO said Tuesday.

With some 3.5 million ATMs all needing to be converted Windows 10 at the same time, some credit unions are being proactive now to avoid the mad rush.

HopFed was ordered to pay the legal fees for Stilwell Group, which sued the bank after its directors passed a bylaw intended to keep the investor off its board.

The company must develop and implement a system of internal controls to ensure full Bank Secrecy Act and anti-money-laundering compliance.

As the economy strengthens, more banks are facing pressure to pay up for the best lenders and tech specialists.

Wells Fargo’s troubles show that the bank needs to rebuild trust with consumers and the diverse neighborhoods where it operates in order to succeed.

The California company has agreed to buy Grandpoint Capital, a business bank in Los Angeles, for $641 million.

Cambridge Bancorp in Massachusetts is looking to prove to entrepreneurs that it is in the business for the long haul.