The National Credit Union Administration has selected a former examiner to serve as the agency's next executive director, Chairman Debbie Matz announced Thursday.

First Niagara Financial Group's earnings slid during the third quarter because of a higher loan-loss provision and a securities sale.

Beneficial Mutual Bancorp (BNCL) in Philadelphia will separate the position of chairman from those of president and chief executive.

TCF Financial (TCB) in Wayzata, Minn., has delayed the release of its third-quarter results to give itself more time to review how it will implement regulatory guidance on consumer loans subject to bankruptcy discharge.

Independent Bank in Rockland, Mass., reported lower quarterly earnings after a series of "noncore" items largely dinged its bottom line.

A rein on expenses and a pickup in lending and fees propelled People's United Financial in the third quarter.

The acquisition of Rochdale Investment Management helped raise City National Corp.'s third-quarter income 44% from a year earlier to $59.8 million.

First Financial Bankshares (FFIN) in Abilene, Texas, said Thursday that it is consolidating all of its bank charters in an effort to cut expenses and boost profits.

Associated Banc-Corp (ASBC) in Green Bay, Wis., reported that its third-quarter income increased 32% from a year earlier, to $45 million.

Penns Woods Bancorp (PWOD) agreed to acquire Luzerne National Bank (LUZR) in Luzerne, Pa.

Pinnacle, the flagship bank unit of the $6.7 billion-asset Pinnacle Bancorp, agreed last Thursday to buy the $183 million-asset First State Bank of Joplin in Missouri. A day later, the bank announced plans to buy the $139 million-asset Hastings State Bank in Nebraska.

Faced with anemic demand for construction and real estate loans, community banks are continuing to find that the best way to expand in the much-desired commercial-and-industrial space is to raid bigger rivals.

KCB Bank in Kearney, Mo., a unit of Bancshares of Missouri, filed an application this month with the Federal Reserve to assume the assets and liabilities of the $38 million-asset Northland National Bank in Gladstone, Mo.

We need more experts who can investigate what happened and identify the perpetrators of attacks rather than simply focus on protecting our critical infrastructure.

WASHINGTON — The Treasury Department said Thursday it will auction off its preferred shares in 11 more institutions that remain in the Troubled Asset Relief Program.

Improving conditions in the real estate market are helping Washington Federal (WAFD) in Seattle, but tight margins and other challenges lie ahead.

Jeff Davis Bancshares of Jennings, La., has agreed to acquire Guaranty Capital, as the buyer expands northward in its home state.

East West Bancorp grew its commercial loans and reduced deposit costs, sending the largest Chinese-American bank to its seventh consecutive quarter of higher profits.

The good news is that several dozen banks are projected to outpace peers in loan growth in the year ahead. The bad news: only half will profit from doing so.

Consistency and ample communication are the cornerstones of acquisition announcements. Compassion and reassurance to your new team members flow to your customers and the community.