The use of social media channels promotes transparency, enhances customer service and helps establish a senior bank executive as the most accurate and trusted source of company information.

SVB Financial Group (SIVB) in Santa Clara, Calif., benefited from higher lending income and investment gains last quarter.

Quarterly profit of Investors Bancorp in Short Hills, N.J., rose 20%, as acquisitions led to higher lending income.

U.S. Century Bank in Doral, Fla., has postponed a shareholder vote on a $50 million capital injection.

Bank of Marin Bancorp in Novato, Calif., has completed its search for a new chief financial officer.

TAMPA, Fla. – Grow Financial FCU will open a new branch in Wesley Chapel that will feature interactive tellers.

Investors have been pressuring Hancock Holding (HBHC) in Gulfport, Miss., to speed up cost cuts after its $1.5 billion purchase of Whitney Holding in 2011. Second-quarter results strengthened their case.

Wells Fargo (WFC) said Thursday it will terminate eight mortgage joint ventures including a partnership with HomeServices Lending, an affiliate of Berkshire Hathaway.

New York financial regulator Benjamin Lawsky has proposed rules that would require improved record keeping and overhaul other practices at banks and third-party debt collectors.

More fee income and a better credit picture propelled Susquehanna Bancshares (SUSQ) in Lititz, Pa., in the second quarter.

Bankers have been seeking more leeway on loan workouts with recent graduates struggling to make their payments. The federal banking agencies responded Thursday, but not in the way the industry had hoped.

E-Trade Financial Corp (ETFC) recorded a large loss in the quarter that ended June 30 after management decided to solicit buyers for its market-making unit.

Texas Capital Bancshares (TCBI) in Dallas posted lower quarterly income due to a spike in expenses.

Sen. Bob Corker, R-Tenn., a co-author of housing finance legislation, urged the House and Senate to pass their bills that offer different replacements for Fannie and Freddie. The bills can be reconciled in negotiations later, he said.

Slowly but surely, community banks have been lending out more of the deposits they take in, a healthy sign for the industry’s profitability.

Fee income and better credit quality helped First Merchants Corp. in Muncie, Ind., beat its second-quarter estimates.

Normally low-profile PacWest CEO Matt Wagner could get a night gig emceeing roasts or appearing at an L.A. comedy store, a sometimes-lighthearted conference call revealed this week.

Citigroup and Wells Fargo are laying off hundreds of mortgage workers, as the boom in home loan refinances starts to taper off. The job cuts are a familiar story for the cyclical mortgage business, but they signal more bad news for the banks that have seen refis as a bright spot amid lackluster sources of revenue.

Columbia Banking System in Tacoma, Wash., reported higher quarterly earnings.

The former First PacTrust has hired ex-L.A. Mayor Antonio Villaraigosa as a senior advisor and made Magic Johnson Enterprises executive Eric Holoman a director and head of its new community reinvestment panel.