Retail & Commercial

Bank of Commerce Holdings (BOCH) in Redding, Calif., continued to revamp its executive team by hiring Robert Muttera as chief credit officer.

Webster Financial (WBS) in Waterbury, Conn., has promoted Joseph Savage to president.

A look at 10 bankers who will be busy in 2014 digesting big acquisitions, finding new sources of revenue, answering critics or proving themselves in new roles.

First Citizens Banc (FCZA) in Sandusky, Ohio, has raised $25 million to exit the Troubled Asset Relief Program.

Ally Financial (GKM) and Ally Bank will pay $98 million in fines and restitution to settle government claims that they discriminated against minorities through their indirect auto lending business.

Deutsche Bank AG (DBK) will pay 1.4 billion euros ($1.9 billion) to settle claims it didn't provide adequate disclosure about mortgage-backed securities sold to Fannie Mae (FNMA) and Freddie Mac (FMCC).

Compliance is a top growing expense, the regulatory bar has increased, banks needs better talent management and cybersecurity is everyone's problem.

Virginia National Bank in Charlottesville, Va., has changed its corporate structure.

Peoples Financial (PFBX) in Biloxi, Miss., sold about $27.3 million in nonperforming assets in the fourth quarter.

Card payments account for more than two-thirds of all noncash payments in the U.S., and the number of checks written for payment is less than half of what is was a decade ago, according to the Federal Reserve Bank Services' 2013 payments study.