Demographics

The annual CO-OP THINK Conference opened with a panel discussing some of the hurdles consumers have when it comes to the credit union movement – and what CUs can do about it.

The Arizona company said Kenneth Vecchione would be a candidate to eventually replace CEO Robert Sarver.

Despite a categorical denial this week by Wells Fargo CEO Tim Sloan, former employees like Yesenia Guitron say trawling for immigrants was routine.

The Mississippi company said Mitchell Waycaster will succeed Robin McGraw in May 2018.

At a minimum, federal lawmakers should fully fund the Community Development Financial Institutions Fund and support the CDFIs that provide economic opportunity where it is needed most.

Big data is a key for banks to better understand what financial products underbanked consumers and small businesses need.

Rusty Cloutier had been CEO of MidSouth Bancorp for 32 years. Energy-sector woes helped do him in.

One millennial's take on how credit unions can woo the next generation of members.

Craig Dahl, who took over as CEO last year when Bill Cooper retired, has added the chairman title.

Doug Bowers will serve as the permanent replacement for Steven Sugarman, who resigned in January.

Joseph Evans will step down as CEO on June 1, though he will remain the company's chairman. Thomas Wiley, a longtime associate of Evans, is set to take the helm.

MidSouth also removed Cloutier's son as part of what it called a "transition plan already under way to improve” performance.

Kate Quinn, one of American Banker's 25 Women to Watch in 2016, was given expanded duties, and consumer banking chief Kent Stone will retire.

President and COO Ignacio Alvarez will replace Richard Carrion as CEO on July 1.

Kosta Peric, deputy director of digital payments and financial services for the poor at the Gates Foundation, discusses his efforts to expand access to low-cost financial services in developing countries.

We asked microfinance organizations around the country about the challenges they face, what they wish banks would do differently, and even what they are reading. Here are some of their responses.

The marketplace for services to help struggling families balance their short-term and long-term financial needs is improving, but is still insufficient.

Income volatility is a persistent problem for millions of U.S. households. Banks and fintech companies are trying to help consumers cope — but the industry can do more.

Jefferson Harralson, the Georgia company's new chief financial officer, had covered banks at Keefe, Bruyette & Woods for 15 years.

John Fawcett, previously CFO at Citizens Financial in Providence, R.I., will succeed Carol Hayles.