A Fed-led working group may pressure Wall Street to adopt SOFR; challenger banks with smartphone-based accounts soar.

Ron Baron had been serving as interim president and CEO for the Delaware-based institution before being given the job permanently.

Several credit unions have hired new employees while a financial advisor was recognized for his volunteer efforts.

Credit unions have recently announced personnel changes in a number of areas, including human resources, information systems and operations.

Flint will be replaced on an interim basis by Noel Quinn, head of global commercial banking. The lender, which also released its latest quarterly results several hours earlier than scheduled, didn’t give a reason for the decision.

Jason S. Lee is joining the Summerville, S.C.-based institution as president and chief operating officer but he will eventually take over as CEO.

Credit unions have announced a number of new hires and promotions in areas such as lending and retail operations.

If your employees are unhappy, your customers will be the first to notice. Showing a little appreciation may be an investment in keeping both.

The pilot program will give out grants up to $25,000 so smaller low-income minority depository institutions can set up mentoring programs with larger credit unions.

You've made it to August: Ready to hit the beach or just hide somewhere and curl up with a good read? Here are 12 books that address any need: improve your leadership skills, revive unused parts of the brain, stretch your imagination, or laugh from the gut.

Under a proposal yet to be officially unveiled, plaintiffs relying on the so-called “disparate impact” doctrine would have to show a more direct link between a lender’s policy and discriminatory effect.

Sean Daly, the Middletown, R.I.-based institution's CFO, will take over as president and CEO when Ellen Ford steps down in November.

Lisa Perrin will take over at the Massachusetts-based institution when President and CEO Karen Duffy retires.

Eric Blankenstein, now at HUD, is under fire for asking a subordinate to defend him after it was revealed he wrote racially charged blogs 14 years earlier.

The San Antonio bank has had little trouble hiring retail bankers to staff its new Houston branches, but it’s having a harder time filling IT and cybersecurity jobs at its headquarters, said CEO Phil Green.

The bill, similar to legislation that passed the chamber last year, would permit the inclusion of items such as rent and telecom payments to help consumers build their credit profiles.

Jewelry maker Alex and Ani LLC demanded $1.1 billion in damages from Bank of America in a lawsuit alleging lending discrimination against a women-led company that was once featured in advertisements promoting the bank's commitment to diversity.

State regulator Ron Rubin had been asked to resign in May over a sexual harassment complaint, but he attempted to fight the allegations.

America's Credit Union Museum has named new board members while a number of institutions have recruited additional talent.

A look at the latest round of appointments, promotions and new hires at credit unions and industry groups across the country.