Retail & Commercial

Small and midsize banks are most at risk as commercial loan volume fails to ignite; the cutbacks are partly the result of lower origination volume.

Selling outside of app stores forces users to deactivate a crucial safeguard which would otherwise prevent the download of potentially malicious apps onto their mobile device, contends Samuel Bakken, senior product marketing manager for OneSpan.

Wells Fargo & Co. is cutting 638 mortgage employees as the nation’s largest home lender contends with a slowdown in the business.

In an exclusive CUJ Q&A, Seaway President Daryl Newell reflects on transitioning from banks to credit unions, shares what football can teach about leadership and offers a few picks for the upcoming pro and college football seasons.

Larger community banks are favoring bigger targets — or relying more on organic growth — to expand.

It’s great for bragging rights, but when banks make large investments in technology they run the risk of irritating investors who think they’re spending too much money for too little payback.

The agency says it will act independently of other regulators to release a notice asking for public input on revamping the decades-old law.

The move is important for new banks in states like California, where a small-business lending program requires a three-star rating from the agency.

Lakeland will expand its operations in three counties in its home state of New Jersey with the $57 million acquisition.

A huge chunk of the profit increase in the second quarter was due to a lower tax rate, but rising net interest margins and loan growth signal that institutions continue to derive revenue from their loan book.