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Cordia Bancorp recently sold its student lending platform due to concerns about loan concentrations. In doing so, the Virginia company provided another example of why it is difficult for smaller institutions to gain traction in marketplace lending.

The head of Midland States Bancorp in Effingham, Ill., is handing off one of his handful of titles to concentrate more on the big picture.

Regulators are quick to laud "core" deposits and so-called stickiness, but the reality is that brokered deposits — especially CDs — have become some of the most stable and cost-effective funding available.

William J. Bynum, chief executive of Hope Credit Union, was the recipient of a 2016 Herb Wegner Memorial Award for Outstanding Individual Achievement from the National Credit Union Foundation.

Michael Lesler resigned as CEO and president of the $803 million-asset company, it said Thursday.

Carver Bancorp in New York has named Christina Maier its chief financial officer. Maier succeeds David Toner, who resigned from the $754 million-asset bank last month to pursue other opportunities

DCB Financial in Lewis Center, Ohio, has given its chief executive the added title of chairman.

The earnings releases for the vast majority of publicly traded banks with less than $10 billion in assets raise more questions than answers for investors.

Golden 1’s CEO named ‘Businesswoman of the Year’ and other credit union professionals in the news.

HCSB Financial in Loris, S.C., said Jan Hollar would become its chief executive after a $45 million recapitalization led by Castle Creek Capital Partners.

Associated Banc-Corp in Green Bay, Wis., has given its top lawyer additional duties after another executive's retirement.

United Federal Credit Union's deal to merge with Lake Michigan Credit Union fell through, but it has acquired an executive from its larger rival.

United Federal Credit Union's deal to merge with Lake Michigan Credit Union fell through, but it has acquired an executive from its larger rival.

Prosper Marketplace has tapped USAA executive David Kimball to be its next chief financial officer.

As in-person transactions continue to decline, bankers should focus on engaging with customers in settings outside the physical branch.

Hancock Holding in Gulfport, Miss., has nominated the chief financial officer for the city of Tampa, Fla., to join its board.

U.S. Bank in Minneapolis said Tuesday that it has hired Rudy Medina, formerly of Bank of America, to lead its Southern California market.

The National Credit Union Foundation named CU 4 Reality from America’s Credit Union Museum the recipient of the 2016 Herb Wegner Memorial Outstanding Program Award.

The Clearing House has picked Federal Reserve economists William R. Nelson and Francisco Covas to lead its research arm.

C. Alan Peppers, former president and CEO of Denver-based Westerra Credit Union, was the recipient of a 2016 Herb Wegner Memorial Award for Outstanding Individual Achievement from the National Credit Union Foundation.