Deposits

More than half of the new depositors the online bank added in the fourth quarter are millennials.

At banks of all sizes — from the $7.2 billion-asset WSFS Financial to the $373 billion-asset Capital One — marketing budgets ballooned in the fourth quarter.

Woodforest National Bank made so many C&I loans that it cut into capital and required more liquidity. It has shifted gears, selling two business lines as it refocuses on deposit gathering.

Earnings fell well short of analysts' estimates due in part to a 28% increase in interest expenses.

A new report from Cornerstone Advisors finds credit union executives aren't all that bullish on the year ahead, while banker optimism is back on the rise.

On Sep. 30, 2018. Dollars in thousands.

Chemical is paying roughly $3.6 billion for the $23.5 billion-asset TCF. The combined company will be based in Detroit, Chemical's hometown, and operate under the TCF brand.

Among the things we've learned this earnings season: C&I is back, fee income is flat, and leveraged lending is beginning to "rear its ugly head."

A man entered a SunTrust branch in Sebring, Fla., and shot and killed five women, four of whom were bank employees; 24 million mortgage documents exposed in data security lapse; the battle for deposits is like "a steel-cage" match; and more from this week's most-read stories.

The low-cost deposits it gained in its purchase of 52 Wells Fargo branches, combined with higher interest rates, lifted Flagstar's net interest margin.