Compensation
Compensation
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The rate on a 30-year fixed-rate mortgage dropped to 3.6%, a three-year low; Mary C. Erdoes, a top bank executive, allegedly pushed back against compliance department suggestions to jettison the controversial client.
August 9 -
Readers react to the Fed's lengthy plan for a real-time payments system and Fifth Third's minimum wage increase, jab at Sen. Warren's absence on the Senate Banking Committee and more.
August 8 -
Several credit unions have hired new employees while a financial advisor was recognized for his volunteer efforts.
August 8 -
Institutions haven't modernized benefits packages to include deferred compensation, and now the threat of a recession is affecting CEO salaries.
August 8 -
The Cincinnati regional bank says it will spend an extra $15 million a year to offer more competitive pay that it hopes will attract talented front-line employees.
August 6 -
Credit unions have recently announced personnel changes in a number of areas, including human resources, information systems and operations.
August 6 -
Banks have to do a better job of protecting personal information about their customers' children.
August 5 -
Banks have to do a better job of protecting personal information about their customers' children.
August 5 -
Flint will be replaced on an interim basis by Noel Quinn, head of global commercial banking. The lender, which also released its latest quarterly results several hours earlier than scheduled, didn’t give a reason for the decision.
August 4 -
Jason S. Lee is joining the Summerville, S.C.-based institution as president and chief operating officer but he will eventually take over as CEO.
August 2 -
Credit unions have announced a number of new hires and promotions in areas such as lending and retail operations.
August 1 -
If your employees are unhappy, your customers will be the first to notice. Showing a little appreciation may be an investment in keeping both.
August 1 -
The pilot program will give out grants up to $25,000 so smaller low-income minority depository institutions can set up mentoring programs with larger credit unions.
August 1 -
You've made it to August: Ready to hit the beach or just hide somewhere and curl up with a good read? Here are 12 books that address any need: improve your leadership skills, revive unused parts of the brain, stretch your imagination, or laugh from the gut.
July 31 -
Under a proposal yet to be officially unveiled, plaintiffs relying on the so-called “disparate impact” doctrine would have to show a more direct link between a lender’s policy and discriminatory effect.
July 31 -
Sean Daly, the Middletown, R.I.-based institution's CFO, will take over as president and CEO when Ellen Ford steps down in November.
July 31 -
Lisa Perrin will take over at the Massachusetts-based institution when President and CEO Karen Duffy retires.
July 30 -
Eric Blankenstein, now at HUD, is under fire for asking a subordinate to defend him after it was revealed he wrote racially charged blogs 14 years earlier.
July 29 -
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The San Antonio bank has had little trouble hiring retail bankers to staff its new Houston branches, but it’s having a harder time filling IT and cybersecurity jobs at its headquarters, said CEO Phil Green.
July 25




















