Data Sets

The U.S. is steadily building the foundation of a nationwide faster payments system, but not all of the pieces are connected. Many of the elements developed independently, with influence from across the globe.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

OnPoint names new COO, SIU promotes two and more credit union professionals in the news.

Northern Redwood FCU marks 60 years during local parade and other ways CUs are involved in their neighborhoods.

Indiana MBA taps CU mortgage officer for board seat and other credit union advocates in the news.

Credit unions give back with book drives, first-time homebuyer tutorials and more.

In an industry of more and more specialists, the chief operating officer is a jack-of-all-trades. But the title has different meanings for different banks. Some COOs help craft strategy, others just implement strategy. Some are CEOs-in-waiting, others stay in the background. We asked COOs about their role, M&A's effects on job security, and how they interact with CEOs.

In June, SourceMedia Research — an affiliate of American Banker — conducted a survey of 52 chief operating officers and other operations executives on a range of topics, including COOs' top priorities and what they think will be their future role. The data suggests COOs are concerned with regulatory trends and security threats and view themselves as change agents. Many aspire to one day become a CEO. Here are some data snapshots.

The Glass-Steagall Act of 1933 was an unexpected and prominent part of the Democratic and Republican conventions this year, as both parties added a call to reinstate the law as part of their party platforms. But that will be easier said than done, considering that lawmakers from both sides of the aisle have shown little interest in the idea. Following is a look at how a Depression-era law found its way to Cleveland and Philadelphia.

Many times, bitter rivals must set aside their differences for the common good. This has happened a lot in recent years as the payments industry adjusts to the fast pace of innovation.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

Spin-a-thons, scholarships and other celebrations

Three CUs beef up their loan departments and other CU advocates in the news.

Credit unions make their mark the Republican National Convention, dig deep for kids and more.

In the years after the financial crisis, as banks were collapsing left and right, the Federal Deposit Insurance Corp. agreed to cover losses tied to the sale of many failed institutions. Today, loss-share portfolios are shrinking, decreasing by 80% from early 2011, to $18.8 billion at March 31, as many banks negotiate early terminations of their FDIC agreements. Here are some notable banks that got out of their pacts.

Visa and Mastercard both face the prospect of becoming "dumb pipes" as other companies innovate on top of their networks. To combat this trend, both are taking steps to be major players in the digital economy.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

Charter Oak FCU receives lending kudos, Coastal FCU hires two and more.

In markets where consumers spend a substantial amount of income on housing, it's often cheaper to rent than buy. But in these expensive markets, owning a home is more affordable.

The best thing about second-quarter results so far is that the bigger banks met or beat low earnings-per-share expectations. Otherwise they were challenged on many fronts, including revenue, expenses and margins.