Content classifications

Cambridge Bancorp in Massachusetts has recruited two finance executives to spearhead its new asset-based lending practice.

Lending Club, which has been rebuilding its executive ranks in the wake of a recent scandal, is hiring Thomas Casey as its chief financial officer.

While troubling factors such as higher risk profiles may be behind the recent lending boom, the industry could also just be returning to the historical average for loan growth following the "Great Panic" of 2008-2010.

NAFCU beefs up its regulatory affairs team with three new hires and more CU professionals in the news.

The revelation Thursday that Wells Fargo employees were opening accounts for customers without their consent is sparking doubt about the accuracy of the reported growth in the credit card business. The scandal also casts in a harsh new light on Wells’ strategy of building a large credit card operation through its branch network.

F.N.B. Corp. in Pittsburgh has recruited an executive from the recently sold FirstMerit Bank to spearhead its data-security efforts.

Credit unions give back by hosting community events, honoring local heroes, educating kids and more.

Glen Burnie Bancorp in Glen Burnie, Md., has decided it can do without a chief operating officer.

The Financial Accounting Standards Board's accounting rules for credit risk have good intentions, but a likely amplification of the ups and downs of the credit market was probably not one of them.

Orrstown Financial Services in Shippensburg, Pa., has hired three former rivals from Metro Bank in Harrisburg: Adam Metz, Andrew Johnson and Doug Hummer.

Deb Gallagher will serve a five-year term on the North Dakota State Credit Union Board

Pacific Continental in Eugene, Ore., has found a key position for an executive from a bank it recently bought.

A rising number of banks are looking to become community development financial institutions, emboldened by low-cost capital and an exemption from the ability-to-repay rule.

TIAA will promote one of its own to chair its expanded bank after it buys EverBank Financial in Jacksonville, Fla.

Pacific Continental in Eugene, Ore., has appointed two former directors of a bank it bought to its own board.

First Financial Bancorp in Cincinnati has made Brad Ringwald its president of community banking; named Paul Silva the president of investment commercial real estate; tapped Rick Dennen to oversee the company's national lending businesses; and said Roddell McCullough, director of community development, will take on more responsibility helping determine the strategy for that area.

Credit Unions give to displaced kids, young scholars, veterans and more.

Opus Bank in Irvine, Calf., has given more responsibilities to its head of capital markets.

BancorpSouth in Tupelo, Miss., has hired Kyle Gilliam as president of its equipment finance and leasing division.

Meta Financial Group in Sioux Falls, S.D., has promoted Cynthia Smith, its head of technology and operations, to chief operating officer.