Retail & Commercial

Umpqua Holdings in Portland, Ore., has formed a corporate lending office and hired Richard Cabrera to oversee it.

Several southeastern CUs have already closed or are planning closures as the storm approaches.

First Bancorp in San Juan, Puerto Rico, has added a managing director from a New York private equity firm to its board.

Xenith Bankshares in Richmond, Va., had added a former chief executive of Amalgamated Bank to its board.

Popular Inc. in San Juan, Puerto Rico, will take a $55 million hit to third-quarter earnings after its bank lost an arbitration battle with the Federal Deposit Insurance Corp.

Dollar Bank in Pittsburgh ended a 32-year break from acquisitions earlier this year. It didn’t take nearly that long for the $7.4 billion-asset mutual to announce its next deal.

First Community Bancshares in Bluefield, Va., has sold four insurance offices.

First Business Financial Services in Madison, Wis., is looking for a new leader for its bank.

The state of Washington halts a plan to update its 15-year-old member business loan rule while the federal regulation undergoes a legal challenge from the Independent Community Bankers of America.

It's time not only to hold banks accountable for their security, but also to provide meaningful regulatory guidance on how to achieve security.