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COO Jenna Lampson will take the helm on Aug. 1 while current CEO Steve Punch stays on as a consultant until he retires at the end of October.
June 27 -
As the industry continues to consolidate, operating branches in states far removed from headquarters could move from the exception to the rule.
June 27 -
Once a poster child for corporate wrongdoing, Citi has bolstered its reputation by taking bold stands on polarizing social issues, such as climate change and gun control, and declaring its commitment to move more women and minorities into managerial roles. Here's how it aims to do even better.
June 26 -
The decision follows similar moves by rivals JPMorgan Chase and Wells Fargo.
June 26 -
Challenger banks promote the concept of empathy in banking, which sometimes means forgoing revenue to build up customer goodwill.
June 26 -
The New Jersey regional will have higher capital levels after buying Oritani Financial. That was just one of the reasons why CEO Ira Robbins overcame his aversion to M&A.
June 26 -
Valley, which had focused on Florida in recent years, will double its market share in Bergen County with the $740 million acquisition.
June 26 -
Ken Lehman recently bought a block of shares in Village Bank & Trust Financial.
June 26 -
While other industries reversed their previous downward trend, perceptions of the banking industry continue to get worse. Here are some steps banks can take to try to burnish their reputations.
June 25 -
At the end of the second quarter, the corporate institution will waive service fees and issue bonus dividends to its member credit unions.
June 25 -
Credit unions and others in the industry have announced a number of recent promotions, new hires and other personnel news.
June 25 -
The Montana-based institution will open its doors as Clearwater later this year, a move leadership hopes will better connect it with consumers in other parts of the state.
June 25 -
Credit unions can usually limit attrition of consumer accounts after a bank acquisition, but maintaining relationships with business customers is the bigger challenge.
June 25 -
The speed and the bipartisan nature of the demand for an investigation into Facebook's Libra are telling, giving ammunition to those who warned the cryptocurrency space is underregulated and unsafe
June 24 -
If signed into law, institutions that qualify for the Banking Development District program will be eligible to receive up to $10 million in subsidized public funds.
June 24 -
The deal with Frandsen Financial is the 12th bank M&A transaction this year involving a seller in Wisconsin.
June 24 -
Kelly McDonough will take over next month, nine months after the $289 million-asset shop's former CEO left to lead a CUSO.
June 24 -
Credit unions from around the country are helping out by making donations and volunteering their time.
June 24 -
Shore Community Bank, which has five branches in Ocean County, will sell for $53 million.
June 24 -
Sterling Bancorp must enhance its BSA policies and hire an outside firm to review its account activity.
June 24






















