Banking

Lakeland Bancorp (LBAI) in Oak Ridge, N.J., posted third-quarter profit of $5.5 million, up more than 14% from a year earlier as nonperforming assets and noninterest expenses declined.

Leader Bank, U.S. Bank, ING Direct and others are using new tools to encourage consumers to save instead of splurge.

PNC Financial Services Group Inc. (PNC), the seventh-largest U.S. bank by deposits, fell 4% after reporting a third-quarter profit that missed analysts' estimates.

Pacific Premier in Costa Mesa, Calif., needed more deposits to make more loans, so it took advantage of its rising share price to strike a deal for First Associations Bank in Dallas, which holds deposits for homeowners associations.

If your bank is gung-ho to issue prepaid cards, think again. Focus on how to retain checking account customers, rather than emulating Green Dot and Chase and issuing fee-based "prepaid cards" as a new (already outdated) product.

The Common Global Implementation Initiative, based in Brussels, said Wednesday it has published best-practice guidelines for ISO20222, a format designed to give companies and banks a common worldwide language for their communications.

Some Oklahomans may be thankful their state crafted its own settlement with the nation's biggest banks over foreclosure practices following the housing bust.

River City Bank in Sacramento, Calif., has named a payments-technology veteran to its board of directors.

Internet connectivity has become an imperative for U.S. small businesses, yet most companies lack formal policies for Internet security and even fewer have contingency plans in the event of a security breach that could expose payment-card and other data.

The respected former B of A executive says shareholder capitalism has gone awry, and that bank directors should be just as worried about outperforming business units as laggard ones.

Fast-growing State Bank and Trust in Macon, Ga., has purchased substantially all of the assets of Altera Payroll, a payroll services company, to diversify its revenue stream.

Gresham Computing has released a new version of its Clareti Transaction Control platform.

Quotas and formulas do not pave the path to success on social media, according to Citigroup's Frank Eliason.

The company has added the ability for chip and PIN commercial cardholders to retrieve their personal identification numbers through a secure website.

Banks that wait to be told what to do won’t thrive because the possibility of surprising and delighting customers with innovation is exactly zero when you wait for them to tell you what to build.

National Penn Bancshares, the $8.4 billion-asset parent company of National Penn Bank, said Tuesday it plans to move its headquarters to Allentown, Pa. from Boyertown, Pa.

Commerce Bancshares (CBSH) in Kansas City, Mo., reported that third-quarter earnings rose about 1%, to $66 million, from a year earlier as loan demand increased.

In selecting Michael Corbat as its new CEO, Citigroup is turning to a team player who's overseen the sale of a half-trillion dollars in assets since the financial crisis.

The bank has added cash-flow modeling, Swift-like messaging and a new payments hub to its online banking options for corporate clients.

State Street Corp., the third- largest custody bank, said third-quarter profit fell 0.6 percent as revenue from foreign-exchange trading declined and low interest rates continued to depress earnings.