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Helping kids, rewarding those who save, promoting community and other ways credit unions are giving back to those they serve.
May 3
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Even as units of a larger holding company, local banks fight the perception that they can’t provide sophisticated services like corporate or private banking. Executives say that unifying the brand will help Synovus better compete against larger players.
May 3
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Navient and Nelnet, the two largest student loan servicers, avoided downgrades on some $18 billion of bonds by extending their maturities. Getting the required consents from investors would normally take ages, but recent innovations speeded the process.
May 3
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Richard Moore, CEO of First Bancorp in North Carolina, believes he can unlock more shareholder value through acquisitions and by taking advantage of disruption elsewhere.
May 3
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Greig, who orchestrated FirstMerit's sale to Huntington Bancshares, joined Opus' board last month.
May 3
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The company's earnings fell 20% from a year earlier, reflecting $5 million in restructuring charges and a higher loan-loss provision.
May 3
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A one-time capital gain in last year’s first quarter obscured strong loan and deposit growth at BNP Paribas' U.S. subsidiary.
May 3
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Entegra Financial disclosed that it held First NBC subordinated debt. An impairment charge tied to the bank's failure will lower Entegra's first-quarter profit by $441,000.
May 3 -
The regional bank has a deal to acquire Western Reserve Partners, which offers merger-advisory services to midsize companies.
May 2
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Rebeca Romero Rainey, a third-generation community banker who rose to executive leadership in her early 20s, has been tasked to lead the Independent Community Bankers of America at a pivotal time.
May 2
