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With the 7(a) program headed for another record year, small banks around the country, including Access National in Reston, Va., are scrambling to add capacity.

Lenders grudgingly embraced some changes in FASB's new loan-loss accounting requirements, and they get more than three years to comply, but a number of implementation pitfalls still lie ahead.

Freedom Federal Credit Union said that Michael MacPherson, who has served as the $288 million-asset credit union's interim president and chief executive since October, has been named to those jobs on a permanent basis.

Tim Sloan, president and COO at Wells Fargo, is widely viewed as next in line to take over as CEO of the bank. He discussed the speculation — as well as energy lending, credit standards, living wills and a number of other topics — in a recent interview.

BILOXI, Miss. -- Keesler Federal Credit Union, announced Wednesday that John R. Goff is retiring as president and chief executive after spending some 30 years at the $2.3 billion institution and the last six years at the helm.

As banks try to acquire new customers via digital channels, they should add content marketing strategies into their lineups.

New York senators approved Vullo Wednesday as the superintendent of the New York State Department of Financial Services, a year after the exit of the last permanent superintendent.

The $15 billion-asset bank said in a press release Wednesday that Kevin Moffitt has been hired to succeed Brian Wildman, who was named MB Financial's executive vice president of consumer banking in March.

The $3.2 billion-asset Park Sterling announced this week that it will hire four commercial and industrial bankers from the $2.3 billion-asset CommunityOne Bancorp to help expand its commercial banking team in the Charlotte metropolitan area.

National Association of Federal Credit Unions President and CEO Dan Berger welcomes attendees to the Defense Credit Union Summit held just before NAFCU’s annual conference in Nashville, Tenn., this week.

Southside Bancshares in Tyler, Texas, said that Sam Dawson, its chief executive since 2012, will retire at the end of the year and that its president, Lee Gibson, will succeed him.

Wells Fargo, widely regarded as the industry's least complex megabank, has recently made big moves into the volatile world of investment banking. But don't read too much into it, according to John Shrewsberry, its chief financial officer.

Comerica in Dallas said Tuesday that the head of its business bank is stepping down. J. Patrick Faubion will retire from the bank in January, after serving in his current role for less than a year.

Chief Executive Richard Davis said Tuesday that he expects a “neutral outcome” in the second quarter, as low interest rates continue to weigh on income from loans.

Dickson Chu transitioned to the board after two years as the company's chief product officer, it said in a June 14 news release. In his new role he will continue serving as an advisor to the company's leadership regularly and formally.

Synchrony Financial said Tuesday that it is expecting loan losses to rise over the next year as more consumers struggle to pay off their credit card balances.

Seattle Metropolitan CU elects six and UNCLE CU re-elects its chairman.

AUORA, Colo. -- Fitzsimons Credit Union announced Monday that long-time chief executive Sandy Neves will retire at the end of June.

Fears about repurchase requests made by Fannie Mae and Freddie Mac persisted beyond the crisis, but those fears don't match actual repurchase numbers.

DuPont Community Credit Union (DCCU) announced that current President/CEO Gerald B. Hershey will retire effective March 2017.