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BB&T in Winston-Salem, N.C., posted higher quarterly profit that relied heavily on cost control.

Earnings at Discover Financial Services plunged by 33% in the fourth quarter, largely due to a charge tied to the firm's mortgage business and a previously announced revision to its flagship credit card program.

LENEXA, Kan. — CommunityAmerica CU here returned more than $6 million to members through its Profit Payout program, with eligible members seeing an average return of $90.

United Community Banks in Blairsville, Ga., reported higher quarterly profit because of loan growth and higher fee revenue.

Ocwen Financial Corp. named two new members to its board of directors as the nonbank servicer works to repair its image in the eyes of regulators and investors.

Saco & Biddeford Savings in Saco, Maine, has a new president.

Credit unions have mushroomed in popularity in recent decades as fees charged by commercial banks drove millions of Americans towards the not-for-profit financial services sector.

Clark County Credit Union said it has awarded $2.7 million to nearly 34,000 members in the form of a bonus dividend.

Fifth Third Bancorp in Cincinnati reported a drop in fourth-quarter profit on lower interest income from lending, and from decreased fees from mortgage banking.

Regional banks M&T and Regions Financial continue to see healthy loan growth, but low interest rates (combined with their own special problems) are preventing them from translating it into higher profits.

COLORADO SPRINGS, Colo. — Ent Federal Credit Union said it will return $12.5 million to its members through a dividend, with each member in good standing as of the end of 2014 receiving a minimum payout of $25.

PL Capital in Naperville, Ill., disclosed in a regulatory filing last week that it wants Joseph Palmer Jr. and John Yerkes Jr. to resign rather than stand for reelection at the $542 million-asset company's Feb. 10 annual meeting.

Bankwell Financial Group in New Canaan, Conn., has hired a new chief strategy officer.

M&T Bank in Buffalo, N.Y., reported a higher quarterly profit as lower expenses offset tighter margins.

Regions Financial in Birmingham, Ala., reported a lower fourth-quarter profit because interest rates squeezed lending margins and mortgage-related revenue fell.

Add hiring a new chief financial officer to Doral Financial's growing list of headaches. The $8 billion-asset San Juan, Puerto Rico, company disclosed in a regulatory filing Friday that Nancy Reinhard will resign as acting CFO and principal accounting officer.

The past year was a bit of slog for most regional banks and, if fourth-quarter results are any indication of what's ahead, then 2015 isn't looking much better.

Ten financial institutions, including four banks, will accept the new IDNYC card as a primary form of identification for new accounts. Community advocates hope the move will help more immigrants and unbanked individuals use banking products.

Republic Bancorp in Louisville, Ky., reported a quadrupling in profit due to higher interest income and lower expenses during the fourth quarter of 2014.

The big oil lender faces a classic dilemma: extend more credit to energy companies in need of more capital, or lock down to guard against a prolonged downturn.