Court-appointed custodian Alfred Putnam is seeking an extension of nearly three weeks to give more groups time to nominate candidates for a vacant board seat at the Philadelphia bank and solicit proxies from investors before a special meeting.

The Federal Deposit Insurance Corp. plans to increase assessment rates by 2 basis points for all insured depository institutions. Banks are expected to object to the hike as too much too soon.

The bank is providing dedicated space within its headquarters for clients to collaborate with product designers to develop new ideas.

Bruce Leighton will step down as president and chief executive in September.

Net income at America's Credit Union in Washington state jumped by about $5 million after it wound down an indirect auto loan program and deployed technology that automates decision-making.

Instead of a hard sell, Chime, Simmons First and others are trying to convey the benefits of their products in simple terms and in a conversational tone.