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The subprime auto lender continues to struggle to get its arms around accounting issues that date to 2013.
September 23 -
Lisa McDougald, the deputy general counsel at the $222 billion-asset BB&T in Winston-Salem, N.C., and Leon Holschbach, chief executive at Midland States Bancorp, a $3 billion-asset company in Effingham, Ill., were appointed to the board this summer.
September 23 -
A compliance-at-all-costs mentality, which is the overarching attitude in many banks, results in overspending and overallocating valuable resources to meet both real and perceived compliance standards.
September 23
Resurgent Performance -
Wellesley Bancorp in Massachusetts has appointed New England banking veteran Kathryn Hinderhofer to its board.
September 22 -
Brookline Bancorp in Boston has promoted its head of commercial real estate lending to leader of its entire banking unit.
September 21 -
One CU celebrates more than seven decades of service, while others offer scholarships, financial literacy training, random acts of kindness and more.
September 21 -
Paper-based marketing not digital communication remains a more promising way to reach customers 50 and older, who also tend to be a bank's wealthiest client segment.
September 21
Liberty Bank -
The activist investor is irate that the company's board will not meet to discuss concerns it has over executive compensation and corporate governance.
September 20 -
JPMorgan Chase on Tuesday named Todd Combs, a protégé of and possible successor to Warren Buffett, to its board of directors.
September 20 -
Contrary to expectations about growing mortgage lending volumes, current industry trends suggest a gradual reduction in capacity for both lending and servicing that should alarm policymakers.
September 20
Whalen Global Advisors LLC -
Metropolitan Commercial Bank in New York has a new chief financial officer.
September 20 -
The board of directors at Lake Charles, La.-based Southwest Louisiana Credit Union has selected Ronaldo Hardy as the credit unions next president and chief executive officer, effective October 3.
September 20 -
The $4.9 billion-asset company said in a regulatory filing Friday that its president and CEO, Ashton Ryan Jr., had relinquished the chairmanship to Shivan Govindan, its vice chairman since 2013.
September 19 -
MUFG Union Bank has named a head of private wealth management for its northern California and Pacific Northwest region.
September 19 -
The Bancorp is keeping its cards close to its vest when it comes to job cuts it made last week. The move is leaving analysts guessing as to exactly how many people and what types of positions were cut.
September 19 -
The subprime auto lender Santander Consumer Holdings USA has made two key leadership moves as it faces ongoing accounting problems.
September 19 -
Charitable donations, Instagram contests and candy-filled fire hydrants are all part of the latest round of credit union community news.
September 19 -
A former NFL quarterback is set to become next chairman of MidSouth Bancorp in Lafayette, La.
September 19 -
The revelations at Wells Fargo are reminder to directors that when a bank's performance is too good to be true, it likely is.
September 19
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Therapy for children, raising funds to cure cancer and anniversary celebrations are just a few of the latest ways CUs are giving back to the communities they serve.
September 16







