Retail & Commercial

Hudson Valley Holding (HVB) in Yonkers, N.Y., announced Friday that the chief administrative officer of its bank is leaving to take the helm of a New York trust.

The Federal Deposit Insurance Corp. issued two consent orders and terminated 21 enforcement actions in February, according to its latest roundup of regulatory orders.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

The Minnesota-based regional bank once invested in community banks but is pulling back from that strategy, as the recent sale of its shares in a Virginia institution illustrated.

Rising home prices have emboldened some lenders to search for remaining underwater borrowers who have not refinanced. Wishful thinking? Maybe, but with home purchases scare, lenders have few other options.

The U.S. Post Office should get into banking. With that assertion, agency Inspector General David Williams created quite a stir a few months ago. Behind the proposal are dueling postal officials with very different policy positions and agendas. Plus a murmur of momentum on Capitol Hill. American Banker reporter Kevin Wack explains.

Golden Pacific Bancorp and financial technology firm Better Finance have teamed up to create an online lending program that is designed to sharply reduce the time it takes to approve and process an SBA loan.

David Williams, the U.S. Postal Service's inspector general, defends a proposal — that the Postal Service should get into banking — that has come under fire from many in the financial industry.

The $3 billion-asset said in a press release Thursday that Matthew Lindenbaum, principal of Basswood Capital Management, had become a director.

JPMorgan Chase (JPM) has named John Simmons, 43, its head of middle-market commercial banking.