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The Federal Deposit Insurance Corp. is raising concerns about potential spillover effects from depressed oil prices even as banks had sounded more optimistic. Tougher capital requirements for energy lenders could be on the horizon.
August 2 -
Some branch deals come with added value. A case in point is the $2 billion-asset Old Second Bancorp's agreement to buy a branch in Chicago from Talmer Bancorp in Troy, Mich. in a deal that includes deposits, assets and a vice chairman.
August 2 -
What was true in the late 1700s, the 1970s and the 1980s is still true today: bank customers want to interact with real-life people when managing finances.
August 2
K.H. Thomas Associates -
Indiana MBA taps CU mortgage officer for board seat and other credit union advocates in the news.
August 2 -
Chemung Financial in Elmira, N.Y., is calling for a do-over less than two weeks after releasing its second-quarter results.
August 1 - North Carolina
A BB&T unit that finances power equipment has a new president.
August 1 -
Old National in Evansville, Ind., reported higher quarterly profit due to securities gains and loan growth tied to its purchase of Anchor BanCorp Wisconsin.
August 1 -
While some institutions find it sensible to appoint chief operating officers to assist the CEO or as part of a succession plan, many others increasingly choose to go without a COO.
August 1
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Credit unions give back with book drives, first-time homebuyer tutorials and more.
July 31 -
As chief operating officers see their roles altered through industry consolidation, they are also taking the lead of implementing banks' technological and strategic overhauls.
July 31 -
Provident Financial Services in Iselin, N.J., reported relatively flat quarterly results as lower fees offset loan growth.
July 29 -
Carver Bancorp in New York is dealing with a new set of challenges just months after being released from a longstanding enforcement order. The companys woes highlight the challenges for banks with narrowly constrained business models.
July 29 -
Columbia Banking System in Tacoma, Wash., reported higher quarterly profits that reflected increased lending.
July 29 -
TFS Financial in Cleveland posted a double-digit profit increase in the quarter that ended June 30 thanks to a combination of improved credit quality and lower expenses.
July 29 -
Middleburg Financial in Virginia, which recently faced criticism from its biggest investor, has a new chairman.
July 28 -
Iberiabank in Lafayette, La., neutralized the energy issues common to Gulf region lenders these days with a one-two punch of stronger fee income and robust, more profitable lending.
July 28 -
Multiple acquisitions weighed down quarterly profit at TowneBank in Suffolk, Va.
July 28 -
Royal Bank of Canada ousted Toronto-Dominion Bank from the top spot in a J.D. Power consumer banking satisfaction ranking for the first time, ending a decade-long winning streak for the country's second-largest lender by assets.
July 28 -
Briarwood, N.Y.-based Melrose Credit Union has announced the appointment of Steven Krauser as interim CEO after the $1.9 billion credit union fired previous CEO Alan Kaufman, who held the position while the CUs investments in taxi medallion loans hit worrying levels of delinquency.
July 28 -
Banks can borrow some of the best practices from mobile-first fintech firms in order to compete with startups for millennials.
July 28




