Retail & Commercial

The deal includes $52.6 million in deposits and $13.2 million in loans, and the bank has indicated it plans to close two more locations in Wisconsin in June.

The neobank Compte-Nickel has opened more than 540,000 accounts since its launch three years ago.

The company will sell five branches in Wisconsin to an unnamed buyer. It also plans to close two locations.

First Commonwealth in Pennsylvania is turning to a third party’s specialized software as the CECL standard makes forecasting credit losses more complicated. Other banks could follow.

Banks can make a difference by helping to alleviate customers’ individual financial stress, the cancerlike scourge behind thousands of suicides. But this requires a certain mindset about the industry’s mission.

Research shows younger consumers are increasingly interested in personalized products and services, but credit unions may lose out on business if they don’t have aggregation tools that can compete with fintech lenders.

The executive tasked with rebuilding trust in the retail bank discusses how employees reacted to its new incentive pay plan, why Wells stopped calling its branches "stores," how it now prevents salespeople from impersonating customers, and more.

The Newport Beach, Calif.-based company uses artificial intelligence to help lenders make better decisions about borrowers’ creditworthiness.

The Tennessee company has been working to resolve a memorandum of understanding tied to its CRE exposure.

Derek Corcoran of Avoka discusses how banks have embraced digital marketing but still struggle with digital sales. Author Randy Pennington talks about building corporate cultures that adapt and foster innovation.