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Banks will be "more aggressive" in cutting their exposure to energy companies next month, during spring redeterminations, says Megan Snyder, an analyst with Moody's.

Charles Gifford is stepping down from Bank of America's board after serving as a director for more than a decade.

Granite Bank in Colebrook, N.H., has named a Minnesota community banker as its new chief executive.

Executives at banks that have not taken advantage of low stock prices to buy up their own shares could get hammered during quarterly earnings calls in April.

Catholic FCU recognizes a combined 135 years of experience and other credit union professionals in the news.

Banks change top executives all the time, but it's rare that one leaves for another venture and simultaneously gets recruited to the board of the bank he or she is leaving.

Old Point Financial in Hampton, Va., has agreed to nominate an activist investor's candidate for its board.

C&F Financial in West Point, Va., has named Jason Long chief financial officer of the company and its Citizens and Farmers Bank subsidiary.

Texas Capital Bancshares in Dallas has hired a TD Bank executive to expand its lending to franchise-related businesses.

Bank of America Chief Operating Officer Thomas K. Montag was paid less than Chief Executive Officer Brian T. Moynihan for the first time. Montag was awarded $15.5 million for 2015, compared with Moynihan's $16 million.

Consolidation is increasing risk to the Federal Deposit Insurance Corp. while reducing diversification in the industry.

First NBC Bank Holding in New Orleans will likely cut its 2015 profit after it discovered errors in its accounting for tax credits.

Bank of the West in San Francisco announced Wednesday that it has named TD Bank executive Nandita Bakhshi as its next president and chief executive.

Wells Fargo left Chief Executive John Stumpf’s compensation for 2015 unchanged at $19.3 million.

Research shows the more consumers interact with branch staff, the more they dislike the brand. To improve their image, banks need to emulate Apple and focus on every customer experience detail — in tech and in person.

Elevations creates chief strategy and performance officer, CEO to serve on Fed advisory board and other CU professionals in the news.

Loans outpacing GDP and the expressed optimism of CEOs on recent earnings calls are among the signs that growth figures are too good to be true.

JPMorgan Chase has named Sarah Youngwood chief financial officer for consumer and community banking.

LAFCU in Lansing, Mich., has named Patrick Spyke its new chief executive officer. Spyke, who has been LAFCU's executive vice president since 2013, will succeed Robin Frucci as CEO when he retires March 31.

Members Credit Union in Winston-Salem, N.C., announced that longtime President and CEO Jack Braswell will retire in September.