Retail & Commercial

Some were sold at discounted prices, while others were shut down by their acquirers or quietly ceased doing business.

Davis, who stepped down as CEO a year ago, will retire as the company's chairman and as an employee at the end of 2017. Umpqua will then become one of the few publicly traded banking companies with a female chair.

We never promised the news would be good for all these community bankers, and it wasn’t. One couldn’t stop a failure, and another quit soon after an acquisition. The rest have their banks at different points on the comeback trail.

The seven largest national banks held less than 5% of loans that were delinquent at the end of the third quarter, the Office of the Comptroller of the Currency said Friday.

Giving back to the community is ingrained in the credit union philosophy, but the holiday season provides the movement with a good reason to go the extra mile. Here's a look at how CUs across the country are celebrating the holidays.

Both in dollar and transaction volume, credit card use is growing at a faster pace than debit use. Much of the growth is coming from affluent consumers who value rewards like 2% cash back on purchases.

It was a good year for CIT’s Ellen Alemany and JPM’s Sandie O’Connor, but Arjuna Capital’s Natasha Lamb hopes next year will be better. Mary Mack gets a bigger role at Wells Fargo, and Zoe Cruz gets a new one at Ripple. Plus, is Harvey Weinstein really Meryl Streep’s fault?

In a long-standing tradition, Credit Union Journal asked IT professionals to share the new things they’d like to have to help them have a successful new year. From data centers to more staff, their technology wish lists will keep Santa plenty busy.

Readers sound off on Mick Mulvaney’s plan to hire political appointees at the Consumer Financial Protection Bureau, question what’s behind the failure of Washington Federal Bank for Savings in Chicago, react to an argument that Equifax must endure, and more.

Banks' online advice platforms are just the face of a deeper effort to restructure client data and adapt to a digital era.