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James Cope, a former Pinnacle Financial Partners director who pleaded guilty to insider trading in October, was supposed to pay a $55,000 fine as part of a plea deal. But the judge hearing the case contends he should pay more.
November 23 -
The longtime CEO of Oconee Federal Financial in Seneca, S.C., is handing the reins to his son. Curtis T. Evatt, Oconee's president and chief financial officer, will succeed T. Rhett Evatt as CEO of the $484 million-asset holding company and Oconee Federal Savings and Loan Association on Jan. 1.
November 23 -
Hopes are high among bankers that soon-to-be President Donald Trump and the new Congress will quickly lower the corporate tax rate. But a tax overhaul might benefit community banks and small regionals more than larger banks, especially those reliant on tax strategies that might be less meaningful in a new system.
November 23 -
It’s the time of year to give thanks, and some of the things credit unions are grateful for this year include continued gains in membership and loan growth, a rare alliance between CUNA and NAFCU, Wells Fargo’s misfortunes (and their potential to drive more consumers to credit unions) and, most notably, the prospect of regulatory relief under President-elect Donald Trump. Here are just a few things the movement might be celebrating this Thanksgiving.
November 23 -
Former BB&T Chief Executive John Allison is a late entrant on a short-list for the job of U.S. Treasury secretary, according to two people familiar with President-elect Donald Trump's selection process.
November 23 -
Old Dominion National Bank has opened a new office in the northern Virginia suburbs of Washington and has hired five bankers to work there.
November 22 -
Fifth Third Bancorp in Cincinnati will record a gain of $9 million during the fourth quarter after selling shares in the payment processor Vantiv.
November 22 -
Dale Kimble has led DATCU for the last 16 years. President Glen McKenzie will succeed him as CEO.
November 22 -
The CUNA Lending Council names its new executive committee and other CU professionals in the news.
November 22 -
Sun Bancorp in Mount Laurel, N.J., the $2.1 billion-asset parent of Sun National Bank, said independent director Anthony Coscia will serve as chairman of both starting Dec. 31.
November 22 -
First Tennessee Bank in Memphis is giving veteran regional leader Pam Fansler an unusual retirement present: a chairmanship.
November 21 -
Banks should focus on strategies to ensure their sales incentives programs actually help drive profits. Otherwise, their rewards programs are at risk of adding zero benefit to their bottom line.
November 18
New York Institute of Technology � Accounting and Business School -
Hawaiian CU chief takes the reins of CPA group and other CU professionals in the news.
November 18 -
Family Trust Federal Credit Union, a $443 million institution based in Rock Hill, S.C., has named Penny Pratt as its next president and CEO.
November 17 -
Carter Bank in Virginia had been enjoying record profit until it was ordered to beef up Bank Secrecy Act compliance. The institution is the latest community bank to take a hit from enhanced oversight.
November 17 -
A delegation of English and Scottish credit union professionals visiting the States offers their take on the biggest challenges credit unions face.
November 17 -
MainStreet Bancshares in Fairfax, Va., has hired a veteran Virginia banker as its president.
November 16 -
The Farm Service Agency and the Small Business Administration seem to be taking longer to approve guarantees for loans to facilities that house livestock, creating another headache for bankers.
November 16 -
AgriBank in St. Paul, Minn., is removing "interim" from the title of its chief executive.
November 16 -
The $1.8 billion-asset parent of Cambridge Trust said in a press release Tuesday that Michael Carotenuto started as CFO on Monday. He succeeds Albert Rietheimer, who is retiring after serving as CFO since 2005.
November 15








