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Even as the bank’s sales practices faced intense government scrutiny following the Wells Fargo scandal, senior leaders in Oregon were fostering a culture that valued credit-card sales above all else, according to several former employees.
August 27 - Banking brands
SC Telco Federal Credit Union and Anderson FCU will adopt the name Spero Financial once their merger takes effect early next year.
August 24 -
Two weeks of presidential nominating festivities kick off Monday as the controversy over funding for the U.S. Postal Service worsens.
August 17 -
Delmar Bancorp will lose its regionally associated brand when it becomes Partners Bank.
August 5 -
United Methodist Federal Credit Union is set to become Interfaith Credit Union. It is also planning to absorb a small South Dakota-based institution with a similar field of membership.
July 20 -
The Louisville, Ky.-based credit union has been open to consumers in nine counties across two states since 2004, but the new name is intended to prevent confusion about who is eligible to join.
July 17 -
The case stemmed from the credit union's claims that the bank's branding would create confusion among consumers.
July 16 - Banking brands
Provident Bank was recast as BankProv to avoid confusion as it adds business lines and enters new markets.
July 14 -
Executives can become overwhelmed by their newfound influence and responsibility. Here's how to cope.
July 6Sharonview Federal Credit Union -
Small businesses have been hard hit by the pandemic, meaning commercial lenders are considering how they can better manage risk in this portfolio and make other changes to help.
July 6 -
Following the completion of a merger between Canyon State CU and Deer Valley CU, the combined institution has unveiled its new name.
June 26 -
NSWC Federal Credit Union is rolling out a new name in the hopes of boosting membership and dispelling misconceptions about who can join.
June 17 -
Customers are turning to search engines and business portals to find out if their bank is open before checking the bank’s own website. Maintaining accurate information across the web has become even more important during the pandemic.
June 9 -
Faced with limited growth opportunities and potentially mounting loan losses, banks are getting aggressive — and creative — to boost profits.
June 3 -
The company will incur an upfront fee but will save $7 million a year by walking away from a deal with the Los Angeles Football Club.
May 27 -
The company, formed by the merger of BB&T and SunTrust, shared the information in response to a credit union's legal challenge to its new name.
May 19 -
In response to Truliant Federal Credit Union's request for an injunction, the bank said it has already spent $125 million on the Truist branding, and changing that name would add further costs and damage the bank's reputation.
May 19 -
The Summerville, S.C.-based institution will also close two branches as part of a broader strategic effort to better service members.
May 11 -
Mortgage lenders impose steep pricing adjustments for cash-out refinancing; bankers fear massive borrower fraud in the Paycheck Protection Program; some worry the coronavirus is giving banks an excuse to spy on employees; and more from this week's most-read stories.
May 8 -
Many banks are slashing their spending. Others are changing their messaging strategies. And those banks that partner with pro sports teams are stuck in limbo, since it remains unclear when games will resume.
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