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Midland States Bancorp in Effingham, Ill., has launched an efficiency push after a period of expansion that reached another milestone Thursday.

Bankers can't start spending their tax cuts under the Trump administration yet because there are so many X factors — including what exactly the new president would seek to steer through Congress. But they sure have fun thinking about what they'd do with the billions of dollars in savings that are possible.

Green Dot reported net income of $2 million in the third quarter as the prepaid card issuer sought to overcome the revenue it lost by discontinuing one of its most popular products.

In a message to employees Wednesday morning, JPMorgan Chase Chief Executive Jamie Dimon said the election of Donald Trump as president reflects a "deep desire for change.”

John Buckley has more than 30 years of experience in the credit union industry, including a previous CEO post.

Santander Consumer Holdings USA in Dallas on Wednesday reported lower quarterly profits due to ongoing issues associated with its discontinued personal loan business.

The only tactic for survival is brutal honesty. So let's accept the very real risk of disappearing and do the heavy lifting required to persevere.

An index to SourceMedia's comprehensive election analysis for professionals in financial services, healthcare and technology. With coverage of more than 50 contests and ballot initiatives

HomeBancorp in Tampa, Fla., has appointed several executives to expanded roles, all to take effect at the start of the year.

The $70 million-asset bank said in a press release that Thomas Dungan 3rd, Yong Li, Wendy Mitchell and Paul Zhu have joined its six directors.

Seacoast Banking Corp. of Florida recently announced another bank deal just months after its biggest shareholder complained of subpar performance. The bank insists it is sticking to a long-term plan to build value.

Regions Financial in Birmingham, Ala., has appointed a former Citigroup executive and an agricultural industry executive to its board.

A number of credit union CEOs earned special recognition from a variety of state and local organizations, and other CU professionals in the news.

Deposits at big banks have swelled as corporations shifted funds around in anticipation of new money market rules. But industry experts describe the influx as a temporary blip that will serve mainly to provide yet another drag on margins in the fourth quarter.

Vermont Federal Credit Union in Burlington announced that its chief executive, Bernie Isabelle, has retired.

A trio of officers are promoted to VP status, statewide awards in Indiana and more CU professionals in the news.

MB Financial in Chicago has appointed an executive from an advanced analytics company to its board. The $19 billion-asset company said in a press release Thursday that Sunil "Sonny" Garg is the energy solutions leader at Uptake.

In her first major presentation as Wells Fargo's head of retail banking, Mary Mack took on the doubters, making the case for why she is the best fit to lead the embattled retail unit. She laid out plans to revamp compensation and internal culture.

OnDeck Capital reported its fourth consecutive quarterly loss on Thursday as investors bought fewer loans and the firm was forced to make costly adjustments to its business.

Two top executives said the scandal-plagued bank has managed to minimize the financial damage and can continue to grow amid some reforms. Yet they acknowledged that the full toll has yet to be realized, and the company announced it had significantly raised its estimated legal exposure.