Corporate governance

The company, which provided few details about the possible fraud, plans to hold a conference call Friday.

Supporters of the Community Development Financial Institutions Fund, a Treasury program, are weighing the potential for budget cuts against the administration's interest in creating jobs and helping low-income communities.

The announcement comes a day after the company's board announced a series of corporate-governance improvements.

Clayton Bank and American City Bank are owned by Clayton HC and have a combined $1.2 billion in assets.

Richard Lashley at PL Capital is taking over a board seat previously held by former CEO Steven Sugarman.

Legion Partners, which has raised concerns about corporate governance and pushed the bank to consider selling itself, will seek two board seats.

For certain banks, it might make sense to require the chairman of the board to be an outside board member. But that’s a decision best left up to the board and management.

First Busey plans to close the $236 million cash-and-stock acquisition by the middle of this year.

Chaney was CEO of Hancock Holding in Mississippi for nearly a decade, overseeing a period of substantial growth.

While most ads for the big game are shrouded in secrecy, the credit union unveiled three spots and asked the public to choose which one should run Sunday.

Over the last five years, the credit union also saw a 66% rise in membership, 204% increase in auto loans and a 26% uptick in real estate loans.

Old Line will have more than $2 billion in assets when it completes the acquisition, its fourth since 2011.

The Las Vegas-based CU has returned more than $56 million to members since 2001.

Royal Bancshares in Pa. made tough choices to avoid collapse during the financial crisis

The $1.3 billion CU rewarded members for using their A+ FCU debit card, as well as interest rate discounts on loans and higher rates on certificates.

The $1.2 billion CU has returned more than $80 million to members over the last 36 years that it has been issuing annual bonuses to its membership.

The Livingston, N.J., company took a big hit in the fourth quarter as it continued to divest certain business lines and restructure its operations.

The Lompoc, Calif.-based CU is building a new main office in Santa Maria, Calif., after topping the $1 billion mark.

The two institutions are rewarding members for contributing to the credit unions’ success throughout 2016

Sugarman left less than two weeks after the SEC launched an investigation into company statements.