The prospect of banks and credit unions meeting small-dollar loan demand is at risk under the Consumer Financial Protection Bureau's restrictive proposal.

As banks try to acquire new customers via digital channels, they should add content marketing strategies into their lineups.

New York senators approved Vullo Wednesday as the superintendent of the New York State Department of Financial Services, a year after the exit of the last permanent superintendent.

The $15 billion-asset bank said in a press release Wednesday that Kevin Moffitt has been hired to succeed Brian Wildman, who was named MB Financial's executive vice president of consumer banking in March.

A group of CoBank ACB bondholders, including Capital Group Cos., are suing the farm lender after it repurchased $405 million of high-interest bonds over their objections.

The $3.2 billion-asset Park Sterling announced this week that it will hire four commercial and industrial bankers from the $2.3 billion-asset CommunityOne Bancorp to help expand its commercial banking team in the Charlotte metropolitan area.

Community banks and credit unions have banded together to use their combined bargaining power to wrest better terms from what they regard as an oligopoly of core processing vendors.

Stonegate Bank in Florida has introduced a credit card that its customers can use in Cuba. In doing so, the $2.5 billion-asset bank, in Pompano Beach becomes first U.S. bank to make credit cards available for use in the Caribbean island nation.

Bankers are donating money and promoting blood drives in the wake of the deadliest mass shooting in U.S. history. However, a long-term strategy to stay involved with the issues that the tragedy has brought to light is also considered important.

Southside Bancshares in Tyler, Texas, said that Sam Dawson, its chief executive since 2012, will retire at the end of the year and that its president, Lee Gibson, will succeed him.

Bank of the Ozarks in Little Rock, Ark., has launched a subordinated debt offering that was well telegraphed to the market but that is smaller than some had anticipated.

Delinquencies on non-owner-occupied commercial real estate loans ticked up in the first quarter after years of steady declines. Some are shrugging off the increase, saying it was expected given the strong demand for CRE loans, but others say there's good reason to be concerned.

Fears about repurchase requests made by Fannie Mae and Freddie Mac persisted beyond the crisis, but those fears don't match actual repurchase numbers.

Never mind gender parity – just having executive committees consisting 30% of women is still a long way off for the financial services industry, according to a new study.

Byline Bancorp in Chicago is expanding into Wisconsin with a deal to buy Ridgestone Financial Services in Brookfield, Wis., for $105 million in cash and stock.

Small-business lenders are scrambling for financing to accommodate a possible real-estate-related borrowing surge once a key federal rule change takes effect next week.

First NBC Bank Holding in New Orleans, which delayed the release of its 2015 annual report earlier this year, said it has submitted a plan to Nasdaq to get back on schedule with its filing of financial statements.

Visa's Digital Commerce App is allowing banks to develop their own mobile wallets. Many of its clients are larger community banks that may not otherwise have the resources to develop such a product internally.

The latest shot was fired this week in the ongoing feud between an investor group and Seacoast Banking Corp. of Florida in Stuart.

A vendor-created messaging network has attracted hundreds of community banks, many of which have decided it is easier to stop financial crime as a group.