Many small banks remain skeptical of the payments network because it is owned and operated by big banks and they are waiting for the Federal Reserve to launch a rival service.

It's difficult to recruit and retain talent amid low unemployment, while uncertainty about GSE and BSA reform makes planning harder, bankers said at the ABA convention.

Laurie Stewart, a former credit union CEO and incoming chair of the American Bankers Association, says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.

The company will buy two suburban locations from North Shore Bank.

Laurie Stewart says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated.

Steven Retzloff, the company's president, will succeed George Martinez in January.

On Jun. 30, 2019. Dollars in thousands.

On Jun. 30, 2019. Dollars in thousands.

Louisa Community Bank and Resolute Bank were closed on Friday, raising the year's total to three failures.

Hometown Financial, which completed three acquisitions this year, is considering branch openings for a push into the city.

The Delaware company recently learned of a disputed transaction that could take a bite out of future earnings.

The New York company will enter Suffolk County after it buys Empire Bancorp.

The National Credit Union Administration has unveiled a proposal to address a federal judge's concerns that its 2016 field-of-membership overhaul could discourage lending in low-income areas.

Rakefet Russak-Aminoach, who will leave the company at the end of the month, has raised net profit and lowered costs by revamping its technology and culture.

Midsize players like BankUnited, BOK and Fulton Financial plan to rely on selective M&A, catering to niches overlooked by big banks, aggressive recruitment of commercial lenders and other strategies to stimulate revenue growth.

Executives say they are passing on more loans as bank and nonbank competitors cut rates and forgo traditional safeguards.

The Tennessee company has agreed to buy First Advantage, which specializes in financing manufactured housing purchases.

Centreville Bank will pay $116 million in cash for PB Bancorp.

The company agreed to buy Steuben Trust for $107 million.

The $32 million merger will create a bank with nearly $1 billion in assets.