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Donald Shamey, president and chief executive at NexTier Bank in Butler, Pa. will retire in July after 40 years at the helm.
June 5 -
American Express can provide affordable products to the unbanked and still make a profit, company executive Dan Schulman said at the Emerge conference. He was vague on details but hinted that its prepaid cards built on an lower-cost software platform are part of the answer.
June 5 -
The Columbus, Ohio, company started giving away pens in its branches in 2010. Now more than 20 million are in circulation around the world with a few ending up in bizarre places, including the movie Bad Grandpa.
June 5 -
WASHINGTON As NCUA sifts through more than 2,000 comment letters on the risk-based capital proposal, CUNA and NAFCU hope the agency pays close attention to a letter the regulator received Wednesday from leaders of the Senate Banking Committee.
June 5 - Virginia
ARLINGTON, Va. There is more turnover at the top at NASCUS after chairman John Kolhoff resigned earlier this week due to increasing duties in his role as a Michigan regulator.
June 5 -
Fidelity Southern (LION) in Atlanta said Thursday that it is buying five branches and roughly $200 million of deposits from CenterState Bank of Florida (CSFL).
June 5 -
BNC Bancorp (BNCN) in High Point, N.C., has agreed to buy Harbor Bank Group in Charleston, S.C.
June 5 - Minnesota
MORA, Minn. After leading Greater Minnesota Credit Union for 27 years, CEO Steve Ahlness will retire July 1.
June 5 -
It's not easy to survive as a single-branch community bank anymore. That's the view of John Essen, president of Community Savings Bank in Bethel, Ohio, which agreed this week to merge with Home Building and Loan Co., a savings and loan in Greenfield, Ohio.
June 4 -
An appeals court on Wednesday voided a controversial decision in 2011 by New York Judge Jed S. Rakoff, saying he erred in scuttling a $325 million settlement between the Securities and Exchange Commission and Citigroup (NYSE: C).
June 4
