Content classifications

In its 67 year history, Fairwinds Credit Union has never laid an employee off. "Although we're a financial institution, we're not all about numbers and figures," said Fairwinds CU's Vice President of Human Resources Administration Lindsey LeWinter. "We're a family and deal in people and stories."

From tying the knot to working out, these institutions from our annual Best Banks to Work For list have given their employees inventive ways to earn extra time off.

From "beer cart Thursdays" and special loan discounts to concierge services and free massages, credit unions are pulling out all the stops to recruit and retain top talent.

U.S. acquisitions have buoyed profits at Canada’s biggest banks, whose domestic economy is sluggish and possibly on the verge of a housing crisis. The banks are expected to pursue more M&A in the U.S. if that problem persists.

F.N.B. in Pittsburgh plans to retain some Yadkin Financial executives and assign them to key roles after it closes its purchase of the North Carolina bank.

The Federal Deposit Insurance Corp. is set to release its quarterly update on the industry's health on Aug. 30. The second-quarter Quarterly Banking Profile will indicate whether banks have rebounded from their slight slump in the first quarter.

The Florida credit union shakes up its management with a trio of promotions and more CU professionals in the news.

A director at Citizens Independent Bancorp in Logan, Ohio, resigned after members of management chastised him for an email security breach.

New Bancorp in New Buffalo, Mich., has hired Shawna Zawada as controller and principal financial officer, days after Russell Dahl resigned as chief financial officer.

JPMorgan Chase has recruited an IBM executive to oversee its adoption of cloud services.

LendingClub wasn’t alone in its suffering during the second quarter.

Opus Bank in Irvine, Calif., has started a public finance division and hired an executive from Umpqua Bank in Oregon to run it.

Union Bankshares in Richmond, Va., said Wednesday that John Asbury, formerly of First National Bank of Santa Fe in New Mexico, will be its next CEO.

Book drives, bike rides and scholarships are just a few of the most recent ways credit unions have been helping the communities they serve.

The $13.1 billion-asset parent company of PlainsCapital Bank named William Furr CFO, effective Sept. 1.

Royal Bank of Canada beat analysts' estimates for the fiscal third quarter as its City National purchase in the U.S. bolstered wealth management and capital markets earnings surged. Canada's largest lender raised its dividend 2.5% to 83 cents a share.

In a belated regulatory filing, Carver Bancorp in New York said its profits in the quarter that ended June 30 fell 8% from a year earlier, to $408,000, due to a double-digit increase in expenses.

Howard Bank in Ellicott City, Md., has recruited a trio of BB&T executives to grow its commercial business.

As it charts a long-term digital payment strategy, TSYS has hired Karim Ahmad, a management consultant with a background in financial technology, to be as head of global product and innovation.

The Bancorp in Wilmington, Del., disclosed the identities of directors nominated to its board by two investor groups.