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.

Complaints that banks, credit unions and nonbanks compete on an uneven playing field should be heard, just as community banks must take seriously the threats from high-tech rivals, says Julie Stackhouse, a retiring supervision official at the St. Louis Fed.

The group's Wake Up initiative will include legislative and regulatory proposals, along with added resources to help members push for a level playing field.

Malaga Financial has no intention of diversifying its portfolio despite heavier competition and potential funding challenges.

The two agencies requested comment on the scorecard regulators use to assess a bank's overall health as some question whether ratings are consistently applied.