-
U.S. Bancorp announced executive moves at two of its payments units: Jamie Walker was named chief administrative officer for U.S. Bank Payment Services, and Bradley Herring was hired from Fiserv to succeed Walker as CFO of Elavon, U.S. Bancorp's merchant acquiring arm.
February 24 -
St. Annes Credit Union said its board appointed Eileen M. Danahey as its new president and chief executive officer, making her the first woman to hold these titles at the $864 million institution.
February 24 -
WSFS Financial has been around nearly two centuries, and CEO Mark Turner is going for another two. Has he found the road map for success?
February 24 -
BBVA has recruited Simple co-founder Shamir Karkal to build a platform that would open the bank's application program interfaces to outside fintech companies.
February 23 -
On the one hand, the FDIC's Quarterly Banking Profile showed how normal banking is again. But there were also worrying signs, including an increase in chargeoffs, higher loan-loss provisions and fears of the impact from the energy sector.
February 23 -
Univest in Souderton, Pa., has hired Megan Duryea Santana as general counsel for the company and its banking subsidiary, Univest Bank and Trust.
February 23 -
Yes, all the big banks are paring their balance sheets to comply with new rules and axing expenses to please shareholders, but JPMorgan is simultaneously targeting affluent cities for branch and deposit growth.
February 23 -
Bank of Montreal posted fiscal first-quarter profit that beat analysts' estimates as contributions from its purchase of General Electric's transportation-finance business added to U.S. earnings.
February 23 -
Redding, Calif.Mark Moore has stepped down as the chief executive officer of Members 1st Credit Union on Jan. 31 after serving in that role for almost 24 years.
February 23 -
To brace for stress in the energy sector, Cullen/Frost Bankers in San Antonio, Texas, recently boosted its reserves on oil-related loans to 3% while competitors like Hancock Holding and Wells Fargo have set even higher reserve levels. "The mix of loans is very different," says Dick Evans, chairman and CEO of the Texas bank.
February 23 -
JPMorgan Chase said it would need to boost reserves for impaired energy loans by $1.5 billion if oil prices hold at about $25 a barrel over 18 months.
February 23 -
UBS executive Rosemary Berkery has returned to the Swiss company's U.S. operations after a medical leave.
February 22 -
Texas Capital Bancshares in Dallas has named TSYS Chief Information Officer Patty Watson to its board.
February 22 -
Patricia Watson joined the board of the $19 billion-asset Texas Capital on Friday. Watson has been chief information officer at TSYS, a payments processor based in Columbus, Ga., since September.
February 22 -
OnDeck Capital in New York reported a $5.1 million loss in the fourth quarter as revenue failed to keep pace with rising expenses.
February 22 -
When Andrew Samuel joined Sunshine Bancorp in 2014, it had a casual culture where growth wasn't a big focus. Less than two years later, he has turned the company into a commercial bank with growth and acquisitions firmly in its future.
February 22 -
HSBC Holdings posted an unexpected fourth-quarter loss, its first since at least 2009, as revenue dropped and loans to oil and gas companies drove a jump in impairment charges.
February 22 -
Silver State Schools Credit Union on Friday said Andrew Hunter, who has served as its president and CEO since July 2011, will retire on April 4, and will be succeeded by Scott Arkills.
February 22 -
Industry pundits have been predicting the demise of the branch since the dawn of online account access 20 years ago, but digital services haven't replaced branches. They have just increased the contact banks have with their customers. That's won't change anytime soon.
February 22
FMSI | A Kronos Company -
Bridgewater Savings Bank in Raynham, Mass., said that its chief executive, James Lively, will retire on Dec. 5 and that Peter Dello Russo, its president and chief operating officer, will succeed him.
February 19










