Practice management

A law firm hired by the New York Fed board concluded that Dudley’s error was "inadvertent," and that while it violated the reserve bank's own code of conduct, it did not violate federal statutes.

The Wisconsin company plans to shutter half of Bank Mutual's branches, including seven in Milwaukee.

The Houston company doesn't expect any material impact on its commercial-and-industrial book, though there is potential risk tied to residential mortgages. Management, meanwhile, has started rolling out programs to help customers recover.

A Federal Reserve proposal acknowledges that good board governance results from directors being credible overseers of strategy instead of a redundant form of management.

A new report from the Digital Growth Institute reveals that while a slight majority of FIs say they have a digital growth plan, the overwhelming majority aren't doing anything with it.

Financial Institutions will incorporate Robshaw & Julian into another firm it bought early last year.

More than $355,000 has been donated by CU stakeholders from across the country, with more to come.

Competition from global giants like Amazon and Alibaba and millions of independent retailers, coupled with the constant threat of credit card fraudsters, makes it imperative that online retailers tick all the boxes to reduce risk, writes Suresh Dakshina, CEO of Chargeback Gurus.

Culture is key at Washington Trust, as it is at many of the 75 banks in our Best Banks to Work For rankings. Having a custom word to describe its community-oriented philosophy helps fuel conversations about it, and letting employees personalize the meaning (no scripts here) fuels a sense of empowerment and enthusiasm.

The agency has a relatively new program designed to quickly get funds into disaster-stricken areas. The problem is that many bankers don't know it exists.

CUs, foundations and other industry stakeholders are stepping up to assist those impacted by the massive flooding taking place across Texas and Louisiana.

SDCCU’s member base increased nearly 10 percent in one year, as total assets rose to $8.2 billion.

It sounds like basic spring cleaning, but as Cabrillo CU learned, using the 5S method goes beyond that, uncovering hidden costs and time-eaters while bringing staff together.

Here’s a community bank that is growing goodwill with local residents — literally. The staff at an Independence Bank branch in Hopkins County, Ky., tends an acre of farmland before and after work, with their crops going to help feed the needy.

Credit unions across the country report a flurry of promotions, as well as new hires, board appointments and more.

The company, which has faced pressure to sell from an activist investor, had been operating with an interim leader since December.

Several banks and industry groups are pledging money to help bankers and their clients recover from the hurricane and its aftermath.

Their immediate effort is to ensure colleagues and clients are safe and that banking services are available to hurricane victims. The next big issue is preparing for the financial hit banks and customers will take from wind and water damage.

From the National Guard to teams from the state league, CUNA Mutual Group and the National CU Foundation, credit unions in the beleaguered Houston area are assessing the damage from the storm.

Scott Powell will lead the auto lender while continuing to serve as CEO of Santander Holdings, the U.S. division of the Spanish banking giant Banco Santander.