Banking

Liz Wolverton, previously the Georgia bank’s chief strategy and customer experience officer, will oversee its branch network, consumer products, marketing and more.

The addition of two new prohibitions raises the total number of issuances by the National Credit Union Administration to 24 for the year so far.

Startups in the U.S. and Canada are emphasizing features such as virtual issuance and receipt capture in creating expense cards for business owners.

To distinguish itself from the Chicago-based credit union of the same name, Alliant Credit Union in Dubuque is becoming AIM Credit Union. It was founded as Interstate Credit Union in 1933.

The aging of the American workforce is expected to hit the financial industry especially hard. So banks are considering nontraditional job candidates, finding bigger roles for young employees and moving those planning their departures into advisory roles.

Tom Dierdorff, formerly a Regions executive, will lead the Georgia bank's push into the lucrative but competitive market.

Four of the six bankers joining Nashville-based Pinnacle Financial Partners worked in Truist Financial’s aerospace, defense and government contracting unit.

Scott Earl will step down from his leadership role at the trade group at the end of June.

Its goals are twofold: to be a financial intermediary between buyers and sellers on the Provenance blockchain and to use the technology to bring speed and efficiency to loans and other products.

The credit union has promoted Timothy Mislansky to lead the organization. He succeeds Doug Fecher, who announced his retirement earlier this year.

On Sep. 30, 2021. Dollars in thousands.

On Sep. 30, 2021. Dollars in thousands.

College athletes can now profit from their name, image and likeness, and some local lenders have been quick to sign them on as spokespeople. But it's still unclear whether these young sports figures will raise the financial institutions' profile enough to justify the cost.

Farmers and the banks that lend to them are prospering again after several lean years, thanks to high crop prices and government subsidies. But sagging loan demand, inflation and what some observers see as a bubble in land values are fueling concern that the revival will be short-lived.

Debbie Guiney, who joined the institution in 1977, will step down at the end of this year.

Financial services companies tend to push out older employees. That’s a mistake, both because of the loss of institutional knowledge and because it’s older bankers who can build the best rapport with boomer customers.

Friendly Hills Bancorp's board is due for a shake-up after its management team underperformed for more than a decade, says shareholder Frank Kavanaugh.

Ant Group said it is repositioning its most popular consumer credit service to stand out from products offered by banks, its latest step in a regulatory-driven overhaul.

Borrowers expect the Federal Reserve to raise interest rates next year to contain soaring prices and are locking in favorable terms now, bankers say.

A new report finds that financial companies are the most targeted by fraudsters seeking to steal usernames and passwords. They're fighting back with specialized tracking technology, special domain names and other increasingly sophisticated techniques.