Retail & Commercial

CFS Bancorp (CITZ) in Munster, Ind., reported that its third-quarter income climbed from a year ago as it cut noninterest expenses and lowered its nonperforming assets.

Earnings rose 40%, to $21.3 million, from a year earlier, HomeStreet Bank said Monday.

Comptroller of the Currency Tom Curry said the agency is ready to "take action" against banks that lower provisions solely to boost short-term profits.

Kelly S. King, the chairman and chief executive of BB&T (BBT), has been appointed to the Federal Advisory Council.

Changes are coming to the credit union branch model.

Is the branch dead? It clearly is not, says Mark Weber, president of Weber Marketing Group, who points to the record number of building projects and branch redesigns his firm has taken on in the past four years.

VACAVILLE, Calif. – Navy FCU said this morning it is opening its 33rd California branch here next week to serve 23,000 military personnel at Travis Air Force Base, as membership booms at the nation’s largest credit union.

Banks in the path of Hurricane Sandy braced Sunday for the storm's arrival, while making plans to help their operations weather it without interruption.

If U.S. regulators proceed with anything like the 2010 Basel III proposal on liquidity, important bank products such as brokered deposits may simply disappear.

Talmer Bancorp has agreed to buy and recapitalize First Place Bank in Warren, Ohio, in a deal that will work its way through the bankruptcy process.