Banking

Patrick O'Brien had been CB Financial's president and CEO for about two years.

The Pennsylvania company will pay $80 million for the parent of USNY Bank.

Bank employees need to stop seeing new technology as a threat.

Fed proposal is at odds with the one offered by the FDIC and OCC; judge wants to dispel the “myth” that student loans can’t be expunged in bankruptcy.

From the presidential election to Supreme Court cases, growth strategies and more, these are the issues that could define the next 12 months.

With loan demand weak due to factors beyond their control, small-bank execs can expect to field lots of questions about capital and expense management.

In the newly created role, Daniel Budington will be responsible for developing strategic partnerships and identifying growth opportunities.

In trying to adapt and survive in an increasingly tech-dominated world, banks may unintentionally give up their most valuable commodity — their relationship with the consumer, and the data that comes with it.

Ardent Credit Union plans to market its adaptable “Cube” design to other financial institutions.

Research shows most consumers would prefer more options to pay down their debt early. Here’s why it would also help banks.

Marcus and the Apple credit card accounted for 3% of the bank’s profit in the first three quarters of 2019, despite a multibillion-dollar investment in consumer operations; the senator’s plan would make it easier to expunge debt.

Native American leaders are cheering the proposal, which would give banks Community Reinvestment Act credit for making loans on reservations, even if the lands sit far outside their assessment areas.

Clients will have an active role in testing new products and services at the regional giant formed by the merger of BB&T and SunTrust, says Chairman and CEO Kelly King.

All but a handful of states now allow a gamified way for consumers o save money, and some credit unions have adopted these programs to help boost deposits.

The company, which has agreed to buy Marquis Bancorp, could use some of the proceeds to fund growth and pay off a line of credit.

In his new role, David Chubak will oversee all of Citigroup’s retail channels, product management and client segments.

Sidhu, who co-founded the digital-only unit of Customers Bancorp, replaces her father, Jay, who will remain executive chairman. The bank is also rolling out a new service that allows direct-deposit to customers to access their paychecks two days before they are paid.

Some banks and fintechs have already introduced pet-friendly policies in the office. Here are five reasons why it works.

After struggling with profitability, Horizons FCU has been approved to join Premier Members Credit Union later this year.

Net interest margin pressure, modest loan growth and limited operating leverage could weigh on bank stocks in 2020, UBS analysts said.