Practice management

The Cincinnati bank's profit-improvement plan is as detailed as it gets, but there is an argument to be made it is heavy on metrics and light on vision.

Joseph Evans will step down as CEO on June 1, though he will remain the company's chairman. Thomas Wiley, a longtime associate of Evans, is set to take the helm.

MidSouth also removed Cloutier's son as part of what it called a "transition plan already under way to improve” performance.

The acquisition will provide South State with more than $3 billion in assets and a larger operation in North Carolina.

Kate Quinn, one of American Banker's 25 Women to Watch in 2016, was given expanded duties, and consumer banking chief Kent Stone will retire.

The decision to keep a retiring CEO on the board and as a member of senior management can be a real detriment to the new CEO, according to one credit union executive.

The credit union said the $600 million-asset milestone represents growth of more than 3 percent since the end of 2016.

Elevations CU beefs up its mortgage department with a trio of key hires and more promotions, awards and appointments throughout the industry.

Chaos broke out periodically as investors and activists spoke out against the board, at times yelling or choking back emotion.

Shareholders voted to re-elect 12 board members and elect three more nominated by the company, but the slim margins sent a clear message.

President and COO Ignacio Alvarez will replace Richard Carrion as CEO on July 1.

Merger-related expenses cut into the Pittsburgh company's earnings, though management is excited about growth opportunities in North Carolina.

The Cincinnati company’s 1Q profits were hurt as it scaled back in key consumer and commercial credits, paid higher severance and saw fee income fall.

Sierra will pay $36 million for the parent of the $257 million-asset Ojai Community Bank in a deal that should close by the end of this year.

As the smartphones become ATM cards, a new set of security risks emerges. Thorough ID protection is necessary to keep no-card ATMs secure.

Allen, Texas-based Giact Systems is combining its identity and payment verification tools into a single platform called Epic.

While many shareholders are by now largely immune to the transgressions of the U.S. banking sector, Wells Fargo’s recent phony account scandal has given even the most hardened cynics pause.

BECU names new CFO, First Capital makes changes to board and other promotions and new hires in the industry.

Executives at BB&T, KeyCorp and Citizens are milking commercial lending niches and balancing cost control with new investments while waiting for more rate hikes to fatten margins.

The deal is the latest coastal acquisition for United Community. For HCSB, the sale is the final chapter in a turnaround that began 13 months earlier.