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Bank of America's long effort to become a slimmer, more profitable retail bank could be starting to pay off. In a tough quarter for revenue growth, its consumer banking division gained traction thanks to branch consolidation, investments in mobile banking and other factors.

As the interest-rate can gets kicked down the road once again, PNC Financial Services Group's Bill Demchak plans to play along.

It has been more than a year since Monterey Credit Union submitted paperwork to become a state-chartered bank. Have regulators "raised the price of admission" by insisting on healthier metrics from credit unions?

Conservation Employees’ Credit Union, a $102 million institution based here, announced that Kevin Brueseke will take over as president on Oct. 19, while the credit union’s current president, Louie Delk, will stay on in a support role for a short period.

PrivateBancorp in Chicago reported higher third-quarter profit on loan growth.

Wells Fargo posted a third-quarter profit that beat analysts’ estimates on gains in interest income from asset purchases and new loans.

PNC Financial Services Group reported third-quarter profit that beat analysts’ estimates as the lender cut costs to counter a decline in revenue.

Bank of America posted third-quarter profit of $4.51 billion as expenses declined.

Results from the largest U.S. bank, and the first major player to report on its latest quarter, showed widespread revenue strains and only added to questions about the industry's growth prospects in the near future.

Washington State Employees CU hires first ‘chief brand technologist’, two moves at Hopewell CU and more.

Valley National Bank in Wayne, N.J., has named Bernadette Mueller senior Community Reinvestment Act officer.

Atlantic Capital Bancshares in Atlanta has hired the former chief financial officer at Square 1 Financial in Durham, N.C., to fill the same post.

OnDeck Capital has hired Gary Fearnall as its country manager for Canada.

Middlesex Savings Bank in Natick. Mass., has promoted its chief commercial banking officer to president and named him successor to the chief executive.

Security Bancorp prefers the local feel of having six banks in western Tennessee, even if it leads to more regulatory burden.

Who cares what time a bank announces its quarterly earnings? A lot of people, it turns out, from investors who bet large on the data to bankers who use crafty scheduling tactics to announce before their competitors.

Rabobank in Roseville, Calif., has lined up its next president and chief executive.

CUs invest in electronic channels expertise and more CU professionals in the news.

Mechanics Bank in Walnut Creek, Calif., has named three senior financial executives, about five months after a Dallas investment group acquired a majority stake.

The Carolinas Credit Union Foundation is raising funds to support people within the credit union movement affected by the torrential floods that have hit North Carolina and South Carolina.