Americas

CEO Joe Ficalora says the thrift has ways it can buy time to announce a transformative acquisition or benefit from a change in the definition of what it requires to be a systemically important institution. With OneWest off the table, industry observers wonder if the thrift can find the deal it’s been looking for.

LAS VEGAS — Ed Templeton, president and CEO of SRP FCU in North Augusta, S.C., has been elected chairman of NAFCU's board of directors.

LAS VEGAS — After months of largely negative feedback from credit unions, NCUA Chairman Debbie Matz announced Wednesday that the agency plans to make "significant changes" to its proposed risk-based capital rule.

UMB Financial in Kansas City, Mo., relied on strong investment-services and other fees to boost earnings last quarter.

Flagstar Bancorp in Troy, Mich., reported quarterly earnings that significantly surpassed Wall Street's expectations.

Shares of Fulton Financial fell early Wednesday after the Lancaster, Pa., company reported second-quarter results that missed expectations.

F.N.B. in Pittsburgh is reaping the benefits of its recent expansions into other major cities. The $15 billion-asset bank reported a second-quarter profit of $34.8 million, an increase of 19% from the year-earlier period.

Discover Financial Services reported a rise in quarterly profits Tuesday on strong growth in its loan portfolio.

Codorus Valley Bancorp in York, Pa., has agreed to buy Madison Bancorp in Baltimore.

ASB Bancorp in Asheville, N.C., has repurchased a block of stock from funds tied to activist investor Joseph Stilwell.