Retail & Commercial

Valley National Bank in Wayne, N.J., has a new chief administrative officer.

Chris Bauer, who navigated Anchor BanCorp through bankruptcy and an IPO, will stay with Old National in an unspecified role. Old National, meanwhile, has added Wisconsin to the list of states where it is looking for acquisitions.

Mary Kay Bates, who had been chief operating officer in January 2014, was promoted to president of the $724 million-asset bank in Spirit Lake, Iowa.

The latest in BBVA Compass' ventures with fintech companies will bring it a simpler way to offer investment advice to the millions of households that typically don't qualify for it.

It took seven years, but the U.S. credit-card business has finally bounced back from its post-crisis hangover.

Unpaid utility bills owed by 680,000 residential electric and gas customers in Pennsylvania totaled $315 million in 2014, according to the state Public Utility Commission (PUC).

Bridgewater Bank in Bloomington, Minn., has agreed to buy First National Bank of the Lakes in Orono, Minn.

Wells Fargo and American Express have launched their third credit card product together.

Many emerging innovators want to incorporate digital advances into the incumbent financial services sphere, not necessarily leapfrog banks.

The agency scrapped a part of its 2014 proposal that would have required Home Loan bank members to maintain a certain percentage of residential mortgage assets in order to keep their membership. But it held fast on a provision that would disqualify captive insurance firms from membership.