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Discover Financial Services reported higher loan growth in its flagship credit-card business during the first quarter, reversing a trend that the company's leaders had vowed to address.

After another disappointing quarter, Comerica is promising big changes in its ongoing quest to improve returns to shareholders. It appears to be considering all options, including selling off business lines and perhaps even merging with another institution.

Community Bank in Pasadena, Calif., said Tuesday that it has named Lyle Knight, a former CEO of First Interstate BancSystem in Billings, Mont., to its board.

Several small and midsize banks generated large year-over-year loan growth despite a belief by some outsiders that a slowdown was looming. Bankers may have to spend coming months assuring investors that they can keep booking loans while adequately managing risk.

SRP FCU in North Augusta, S.C., named an executive from one of the nation's largest credit unions as its next president and chief executive.

Wells Fargo has hired Kristi Mitchem, formerly of State Street, to be the president and chief executive of its asset management division.

Farmers Bank in Frankfort, Ind., has named a new chief executive, after its previous leader died of cancer.

The National Credit Union Administration (NCUA) announced it has selected Cherie Freed to become regional director of the agency’s Region V office in Tempe, Ariz.

Richard Krauland will retire later this year as chief executive of NexTier Bank in Butler, Pa., after leading the institution through two mergers and name changes.

Summit State Bank in Santa Rosa, Calif., has a new chief executive.

Ascend CEO appointed to the FRB-Atlanta Advisory Council and other CU advocates in the news.

An improvement in fees collected for trust and investment services at Northern Trust contributed to an increase in first-quarter profit.

Community banks are at a crossroads as they face a threat from alternative lenders and the need to stay true to the traditional bank model. What they should do?

Synovus Financial in Columbus, Ga., reported lower quarterly earnings as salaries and personnel expenses increased.

Comerica reported a steep decline in first-quarter profits as weak energy prices forced the Dallas company to sharply boost its reserves for loan losses.

Wintrust Financial in Rosemont, Ill., in the first quarter reaped the benefits of several M&A deals that it completed last year.

M&T is squeezing savings out of its newly purchased Hudson City Bancorp after fighting long and hard for regulatory approval. But it's also taking steps to keep Hudson City's customers from leaving, like offering higher rates on CDs in the New Jersey area.

Since replacing Kevin Kabat in November, Greg Carmichael has said that the Cincinnati company needs to invest more heavily in technology and compliance now in order to boost profits and improve efficiency down the road. But investors worry that expenses will grow faster than revenues and further squeeze margins.

Bank Leumi USA has hired two bankers from Citigroup, Elsa Burton and Craig Warden, to help lead its operations in Los Angeles.

All the noise over the impact of the Current Expected Loss Model is paralyzing bankers from taking reasonable and practical steps to prepare for the new accounting standard.