Content classifications

The latest CEO Confidence Survey by Catalyst Corporate Federal Credit Union found credit union CEOs are feeling "less certain" about their institutions' current financial condition than they have since 2008.

Opus Bank in Irvine, Calif., has appointed three executives to fill the role of chief operating officer after Romolo "Ron" Santarosa resigned from the position.

Sun National Bank in Mount Laurel, N.J., has promoted Anthony D'Imperio to chief credit officer and senior vice president, according to a filing with the Securities and Exchange Commission this week.

Steep legal fees used to make it difficult for smaller banks to invest in renewable energy tax credits. A new fund is looking to lower the typical legal fees that have made such investments cost-prohibitive for community banks.

First Citizens BancShares in Raleigh, N.C., has hired Brent Ciliano to be its chief investment officer.

BancPlus in Ridgeland, Miss., has hired two Morgan Stanley financial advisers to lead its new wealth-management unit.

Eastern Bank is considering a plan that would boost its biggest donations from $50,000 to seven-figure sums. While the plan could shrink the total number of grants given, it should also allow the organization to have more influence in certain areas.

Central Pacific Financial in Honolulu has named Catherine Ngo chief executive and also appointed a new chief financial officer.

First Midwest Bancorp in Itasca, Ill., has named new heads of treasury management and private banking.

First National Bank Alaska in Anchorage has appointed Betsy Lawer as chairwoman.

With JPMorgan shares near a record high, CEO Jamie Dimon's net worth is about $1.1 billion, according to the Bloomberg Billionaires Index. His status is unusual because, with the exception of former mentor Sanford "Sandy" Weill, few bank managers accumulate that much wealth.

First United in Oakland, Md., has promoted Tonya Sturm to chief financial officer.

World Acceptance in Greenville, S.C., one of the largest providers of installment loans, said that its longtime chairman and chief executive will retire in September.

Pacific Commerce Bank in Los Angeles has promoted Gail Jensen-Bigknife to chief credit officer.

ALEXANDRIA, Va. — Credit union income sources shifted from investments back to loans during Q1, according to a new report from NCUA, with loans up by nearly 11% year-over-year.

The Salt Lake City company is targeting an efficiency ratio more in line with other regional banks by closing branches and finding ways to boost revenue. Zions hopes its efforts will reduce annual pretax expenses by $120 million by 2017.

One year after hitting the 100-million member mark, savings at credit unions have surpassed $1 trillion for the first time in history.

Freedom Bank in Overland Park, Kan., has hired Drew Gibson to be its chief financial officer, the Kansas City Business Journal reported Monday.

CAMDEN, Ark.—River Valley Community FCU here has named Mark Hixson as its new president/CEO. Hixson previously served as a VP of First National Bank in Tenaha, Texas

U.S. banks enjoyed their ninth straight quarter of total profits exceeding $35 billion, according to the Federal Deposit Insurance Corp.'s first-quarter report on the industry's health. The FDIC said the growth in net income was "broad-based", spurred by a solid increase in net operating revenue, while community banks once again outpaced the industry at large. Here are some key takeaways.