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Clark County Credit Union said it has awarded $2.7 million to nearly 34,000 members in the form of a bonus dividend.
January 21 -
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.
January 21 -
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.
January 20 -
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.
January 20 -
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.
January 20 -
Bankwell Financial Group in New Canaan, Conn., has hired a new chief strategy officer.
January 20 -
M&T Bank in Buffalo, N.Y., reported a higher quarterly profit as lower expenses offset tighter margins.
January 20 -
Regions Financial in Birmingham, Ala., reported a lower fourth-quarter profit because interest rates squeezed lending margins and mortgage-related revenue fell.
January 20 -
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.
January 16 -
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.
January 16 -
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.
January 16 -
Republic Bancorp in Louisville, Ky., reported a quadrupling in profit due to higher interest income and lower expenses during the fourth quarter of 2014.
January 16 -
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.
January 16 -
The $269 million-asset bank has named Russ Weyers as its president and chief executive, according to the Milwaukee Business Journal.
January 16 -
PrivateBancorp in Chicago reported higher quarterly profit as strong loan growth offset lower yields.
January 16 -
Bank of the Ozarks in Little Rock, Ark., reported a higher profit in the fourth quarter behind record net interest income.
January 16 -
Home Financial Bancorp in Spencer, Ind., has hired a consulting firm after the unexpected death of its chief financial officer.
January 16 -
WASHINGTON The Federal Deposit Insurance Corp. said Thursday that Charles Yi has been appointed as the agency's general counsel.
January 15 -
Profits at People's United Financial in Bridgeport, Conn., edged up in the fourth quarter thanks to fee income and loan growth.
January 15 -
The president's job at Northwest Indiana Bancorp of Munster, Ind., has been passed on to a fourth generation of Bochnowski. The company said Benjamin Bochnowski, who remains the company's chief operating officer, will have the same posts at its bank.
January 15




