USAA will be eliminating 265 home sales and lending positions, but it already has offered nearly 100 of the affected workers different jobs within its mortgage unit.
The Dallas company said a commercial client submitted falsified documents that inflated how much colloteral it had available.
Happy State Bank and others use rewards, rather than punishments, to encourage employees to stay vigilant and catch fraud and cybersecurity issues.
Hanmi thought it was all set to buy SWNB in Houston, but the seller was unable to secure enough shareholder votes to back the deal.
SWNB Bancorp was unable to secure enough votes to back its proposed sale to Hanmi Financial.
Hanmi Financial in Los Angeles will pay more of the deal price in cash, prompting SWNB Bancorp to postpone its shareholder vote.
Guaranty Bancorp could have had a different owner if not for a suitor’s ill-timed stock hiccup that gave a rival the upper hand.
The industry continues to push for leniency as the clock ticks toward adoption of the drastic change to how banks account for expected loan losses.
Veritex will take advantage of accounting rules in its deal for Green Bancorp, a larger bank with lingering energy exposure.
Prosperity Bancshares in Houston said that its earnings increased 19% from a year earlier as its efficiency ratio rose.
