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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.

The Federal Reserve Board on Friday announced the appointment of a senior official at the Federal Reserve Bank of Chicago to lead the central bank’s efforts to improve the national payments system.

Former Wells Fargo Chief Executive Richard Kovacevich on Friday said that "regulation is killing small banks."

The Fed finalized a rule increasing an asset-size threshold that lets smaller banks finance deals with up to 75% in debt. That benefit, along with an exemption from Basel III capital rules, could prompt some bankers to second-guess short-term growth as they weigh their options.

Anthony Weagley is starting to leave his stamp on Malvern Bancorp in Paoli, Pa.

Mercantile Bank in Grand Rapids, Mich., has named a new chief executive for its bank unit as it overhauls its leadership in the wake of the retirement of its chairman.

Pacific Premier Bancorp in Irvine, Calif., has named Allen Nicholson chief financial officer.

Cheviot Financial in Cincinnati said that Chairman Robert L. “Bob” Thomas died unexpectedly on Saturday.

The $447 million-asset Inland Northwest said Russell Lee will take over as CEO on June 29.

Community banks had a banner first quarter, federal regulators said Wednesday — but it may come at a problematic time, politically speaking. The Quarterly Banking Profile may only deepen some lawmakers concern that small banks do not need regulatory relief if they are performing so well.

RALEIGH, N.C. — With NCUA mandating last year that all federally insured CUs with assets of $10 billion or more begin "stress tests" this year, State Employees' CU (SECU) here has published results of its own internal stress testing.

NAPERVILLE, Ill. — Illinois CU League president and CEO Sean Hession has stepped down from his position little more than one year after taking the helm.

The Federal Reserve’s ability to provide emergency lending to institutions in the event of a crisis must be eliminated in order to end “too big to fail,” said Richmond Fed President Jeffrey Lacker

Higher loan demand is helping banks and thrifts with $2 billion to $10 billion of assets improve their profitability. Of the 191 institutions that qualified for our mid-tier ranking this year, 40% posted a three-year average return on equity in the double digits, up from 34% in our previous ranking.