An increase in credit union acquisitions of banks has been a blow to the morale of many commercial bankers, and some of their trade organizations are trying to slow down the trend. There may be little they can do.

The fifth-generation banker, who has already been serving as a central bank governor, was confirmed by the U.S. Senate in a 60-31 vote.

A proposal to define wages-on-demand would protect consumers and serve as an example for others.

In addition to launching an automated investing app, the bank created a dedicated adviser unit to provide personal service to customers when they need it.

First Community Bankshares will buy Highlands Bankshares for $91 million.

Banks are taking back more farmland through foreclosure than at any point in the past three years as low crop prices, epic flooding and the Trump administration’s trade spat with China have left many farmers struggling to pay their debts.

The company says its exposure involves a participation loan to a business customer for which it was the originator.

Academy Bank in Kansas City, Mo., which shuttered nearly a quarter of its branches between 2015 and 2018, is now in expansion mode. Its CEO explains his renewed affinity for brick and mortar.

The Pittsburgh company is sticking with its plan to grow through expanded lending and branch openings in new markets, William Demchak told investors and analysts Wednesday.

Changes in consumer behavior patterns will force banks to reassess the information they use to attract customers.

Hal Schroeder of FASB claims that investors have no confidence in the current loss standard. Several investors at a prominent accounting conference disagree.

The unnamed borrower was the victim of an alleged scam by another company.

Numerated, a vendor of loan prospecting, marketing and underwriting software that was developed within Eastern Bank, now has $32 million.

Bank Independent in Alabama was among the first to let customers bank through Amazon Alexa. Its digital chief, Kelly Burdette, shares how and why.

The massive scale of the e-commerce market is burdening community banks with its volume of payments. But there may be strength in numbers.

When the former vice president and Massachusetts senator appear together in Houston, they could present two contrasting visions of financial policy within the presidential field.

A proposed combination of First Defiance and United Financial is designed to create an Ohio company that can better weather shocks from lower rates and economic uncertainty.

Donald Wetzel, the man who devised the first U.S. cash dispenser, says automated tellers will always exist — even as they evolve beyond their initial purpose.

M&T has skillfully used hedges, maintained an appropriate loan mix and resisted offering market-leading deposit rates, its chief financial officer said at a financial services conference.