Retail & Commercial

Many community banks are trying to determine the right balance of in-house staff and outsourced assistance in the area of risk management. Cost cutting and regulatory oversight loom large over such decisions.

CO-OP Shared Branch has overtaken Bank of America in number of branches, and now is the third-largest network of financial institution branches in the United States, according to data drawn from the FDIC.

Opus Bank in Irvine, Calif., has appointed three executives to fill the role of chief operating officer after Romolo "Ron" Santarosa resigned from the position.

Fulton Financial in Lancaster, Pa., will issue $150 million in subordinated debt to fund the redemption of a separate portfolio of debt securities.

Borrowing from the playbook of other banks that faced similar challenges, Pittsburgh-based PNC hopes its new sponsorship deal with Chicago's beloved Bears football team will help it catch up in a major market where it ranks No. 8.

A letter sent to several large banks on Friday advised the banks to limit tellers' access to customer data and do more to detect signs of misbehavior.

Three years after the FTC won a judgment against mortgage relief defendants, duped consumers will receive checks in the mail.

Consumers are on pace to tally another $55.8 billion in credit card debt this year, despite paying off $34.7 billion in card debt during the first quarter, according to a study.

Tom Ormseth has built a competitive strategy around digital banking, driving Wintrust to be an early adopter of innovative new features.

Under the leadership of CEO Uzoma Dozie, Diamond Bank has refocused on digital banking offerings, with an aim of improving the financial lives of the underbanked.