Americas

It's difficult to recruit and retain talent amid low unemployment, while uncertainty about GSE and BSA reform makes planning harder, bankers said at the ABA convention.

Laurie Stewart, a former credit union CEO and incoming chair of the American Bankers Association, says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.

The complaint alleges the lead plaintiff was charged two separate fees for the same transaction and she didn't have sufficient funds.

Laurie Stewart says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.

Steven Retzloff, the company's president, will succeed George Martinez in January.

Tremont CU can now serve the member companies of the Massachusetts Biotechnology Council.

Executives are deciding what roles could be relocated to lower-cost hubs such as Plano, Texas; Columbus, Ohio; and Wilmington, Del.

Louisa Community Bank and Resolute Bank were closed on Friday, raising the year's total to three failures.

Martin Head had served as interim leader of the Montgomery, Ala.-based institution since earlier this year.

Hometown Financial, which completed three acquisitions this year, is considering branch openings for a push into the city.