WASHINGTON — The Federal Deposit Insurance Corp. is urging banks to perform due diligence and identify potential risks before conducting business with marketplace lenders.

Salisbury Bancorp in Lakeville, Conn., has named James Cotter the chief operating officer of Salisbury Bank & Trust.

Trade groups for both industries put aside differences to seek congressional signatures on a letter urging FASB to reconsider its controversial proposal requiring early-stage loan-loss provisioning.

First Choice Bank in Cerritos, Calif., has promoted Nicole Swain to the newly created position of chief banking officer.

The near future may find more banks ceasing to originate residential mortgages in an effort to stop the slide in stock prices.

Lawrence Seidman, an activist investor in New Jersey, wrote in a regulatory filing that he plans to withhold support for all three of Malvern Bancorp's directors who are up for reelection this year.

Old National Bancorp's decision to repurchase branch offices that it had been leasing helped boost the Evansville, Ind., company's fourth-quarter profit.

The marijuana industry is still hampered by its own banking crisis, but the rigidity of federal laws is not stopping all advances in financial services for the sector.

The best customer prospects are specific individuals, so don't fall into the trap laid by surveys and articles that recommend a grand pitch to Generation Y as a marketing strategy.

Activist investors are turning their sights back toward banks after going easier on them than on other industries in recent years. Look for the next bank M&A wave to be fueled by aggressive hedge funds as they push for board seats and ultimately sales of financial institutions.

PL Capital is raising money for a new fund that'll target banks with up to $75 billion of assets, after 20 years of sticking to just community banks with less than $3 billion of assets. In this Q&A, Richard Lashley explains why activist investors are eyeing bigger banks now and how banks can avoid his kind.

The hedge fund Bluestone Financial Partners has investments in a handful of banks that it views as takeout targets, but its founder, Ted Peters, says he would never agitate for a sale. Here's why he values the pacifist approach.

Univest believes its subscription-based pricing model may have solved a persistent fee conundrum – charging small-business customers for various services without irking them.

A rush of bank M&A is welcome news to activist investors, who typically make money when banks make improvements and sell to bigger institutions. Here is a look at six firms that have stood out in recent years for pressuring management teams and boards to enhance value for shareholders.

Fourth-quarter profit improved at Investors Bancorp, as the Short Hills, N.J., company originated more multifamily, business and commercial real estate loans

CoBiz Financial in Denver postponed a conference call to discuss its fourth-quarter earnings, after an $11.2 million loan was downgraded and placed into nonaccrual status.

Banks' vocal opposition to the National Credit Union Administration's proposal to ease field-of-membership rules overlooks why changes are necessary and long overdue.

It took several weeks, but deposit prices are inching up at a number of banks. Still, most increases will likely be minor until the Fed enacts more rate increases.

TFS Financial in Cleveland reported higher fourth-quarter profit, citing a $1 million negative loan-loss provision.

Powered by double-digit gains in both interest and fee income, WSFS Financial in Wilmington, Del., reported a profit of $14.4 million in the fourth quarter, up 9.3% from the fourth quarter of 2014.