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Bank of New York Mellon, under pressure from activist investors to improve results, reported a 50% increase in second-quarter profit as the stock market rally lifted assets and fees for overseeing them.

Synovus Financial in Columbus, Ga., reported higher second-quarter income tied to a lower loan-loss provision.

FirstBank Holding in Lakewood, Colo., reported higher profit through the first half of this year, as both loans and deposits grew.

BancorpSouth in Tupelo, Miss., reported higher second-quarter profit, as an increase in loan volume offset lower yields on loans and leases.

Zions Bancorp. in Salt Lake City reported a second-quarter loss after selling the remainder of its portfolio of collateralized debt obligations.

West Community Credit Union, a $165-million institution based in O'Fallon, Mo., just outside St. Louis, announced that its president and CEO Gary Hinrichs will retire in early 2016, after 41 years of service.

The New Jersey company's entrée into New York City had been expected for years. A week after opening an office on Madison Avenue, ConnectOne is eager to court small businesses and identify possible people to hire.

Some familiar-albeit unusual dignitaries-join 121 Financial's ribbon cutting and more news about credit unions in their communities.

Bryn Mawr Bank in Pennsylvania said its chief financial officer resigned and it appointed two interim executives to fill his roles.

Signature Bank in New York hired a BankUnited executive and four salesmen and underwriters for its new direct commercial-vehicle financing business.

People's United Financial in Bridgeport, Conn., reported a second-quarter profit of $61.7 million that was aided by growth in lending and certain fee revenue.

M&T, PNC, SunTrust and other regionals reported strong fee growth thanks to inroads they have made in investment banking, wealth management and other areas. It couldn't have come at a better time for them.

Prince George's Community Federal Credit Union on Thursday announced the passing of its founder, A. Virginia Stallings.

The Dallas company recorded a higher provision as nearly $330 million in energy credits were classified as "criticized" during the second quarter. The size of Comerica's energy portfolio also shrank by 8% during the quarter.

CoBiz Financial in Denver has added the owner, chairman and chief executive of the Colorado Rockies baseball franchise to its board.

Fifth Third Bancorp in Cincinnati named Lars Anderson chief operating officer Thursday, three days after he said he was resigning as a vice chairman at Comerica.

The $625 million-asset company said in a press release Thursday that Greg Remus will become its CEO on Oct. 1. He will succeed Ray Lipman, who will remain chairman.

Umpqua Holdings in Portland, Ore., reported higher second-quarter profit, citing lower merger costs and growth in residential real estate lending and equipment finance.

Webster Financial in Waterbury, Conn., reported second-quarter profit of $50.5 million, a 12% jump from a year ago, as mortgage banking revenue improved.

Citigroup's second-quarter profit got a modest boost from Citi Holdings, a unit set up six years ago as a dumping ground for toxic assets. After losing billions for years, Citi Holdings has now become a minor profit source for its parent.