Performance reports

This is the second consecutive year the credit union has returned dividends to members.

The author responds to critics who say the national movement to move money from big banks to black-owned institutions may not be fueling many loans to minorities and residents of low- to moderate-income communities.

Any economic environment, including this one, has risks but it is unclear whether banks are sufficiently worried about what lies ahead.

Bank stocks have been on a tear since the November elections, but a corresponding surge in profits could still be a few quarters away.

Almost 40 years ago, a rock music legend asked a question that too many banks are failing to address today.

Directors today are expected to perform many duties that, even a decade ago, weren't part of the job, from overseeing cybersecurity and the bank's culture to setting online and mobile strategy. Yet the composition of many bank boards hasn't changed all that much. Here's what to do if you have longtime members who lack the skills needed to help a bank compete.

Shivan Govindan, chairman of First NBC Bank in New Orleans, has taken on the task of salvaging a bank that is reeling from accounting issues and a substantial capital requirement from regulators.

The phony-accounts scandal at Wells Fargo illustrates how sales quotas can incent bad behavior. Is your bank effectively mitigating the risk of 'managing to metrics'? Or could it be in danger of becoming a 'cargo cult'?

Green Bancorp's aggressive plan to attack its credit quality troubles and do what few Texas banks once would have dreamed of – quit energy lending – make it a subject of debate and a community bank to watch closely in 2017.

Stephen Gordon has long been known as an entrepreneurial banker, which helped him expand his California bank aggressively over a five-year period. A spike in chargeoffs that led to a third-quarter loss spurred Gordon to beef up credit oversight. The question is whether that effort will stymie loan growth.

American Banker predicted these five bankers would make news. Several delivered, mostly with small, strategic deals and finding ways to make money in spite of challenging conditions.

The similarities between the mortgage crisis and subprime auto lending in 2016 are all too obvious, with constrained cash flows, defaults and investor losses all likely.

With signs pointing to a possible rebound in de novo activity, the Federal Deposit Insurance Corp. released a guide to potential organizers about the application process.

At a time when individual accountability at corporations is mounting, here is how compliance officers can detect and prevent fraud occurrences within their own firms.

Lenders should be braced for some potential headaches as oil-related bankruptcies are expected to continue at a steady clip in 2017 and various market and political forces could influence oil supplies and prices.

Flagstar Bancorp in Troy, Mich., said that the Office of the Comptroller of the Currency has terminated its 2012 consent order with its Flagstar Bank on Monday.

Smaller institutions have increased the size of their auto books in the last year, with the 25 most-active lenders reporting a nearly 7% increase. More borrower demand and a pullback by some bigger lenders are contributing to the rise.

To act like a startup — as many banks say they want to do — institutions must employ a nontechnical strategy: build services based on customers say they want.

Borrowers served by the FHA program, particularly first-time buyers and minorities, have benefited from nonbanks' increase in lending. Those independent lenders should be commended for filling a gap.

But they won’t do it right away. Here’s why not, and what will have to change – in retail and commercial banking – for deposit-funding costs to begin to rise along with increases in the federal funds rate.