Regulators on Friday closed The National Republic Bank of Chicago, the 16th institution to fail this year.
House Republicans are seeking an investigation by an independent watchdog into the Federal Deposit Insurance Corp.'s role in the Justice Department's "Operation Choke Point," which aims to combat illicit businesses by forcing them out of the banking system.
PlainsCapital Bank in Dallas said on Friday that it plans to close 11 branches in the Rio Grande Valley.
A Minnesota community bank has made an offer to buy American Bank of St. Paul in what would be the first time a bank was forced into a sale over unpaid trust-preferred debt.
Regulators issued a proposal on Friday that would require banks to escrow premiums and fees for flood insurance on mortgages made or refinanced after Jan. 1, 2016.
TCF Financial in Wayzata, Minn., reported higher third-quarter earnings, due to strong performance in the bank's auto lending portfolio.
The $2.4 billion-asset company's earnings tripled from a year earlier, to $2.5 million in the third quarter. Earnings were up 14.4% from the second quarter.
Tompkins Financial in Ithaca, N.Y., reported slightly lower quarterly earnings due to higher costs and lower fee-based revenue.
Save State Street Corp. (STT), the third-largest custody bank, reported third-quarter earnings that beat analysts' estimates as fees for managing and overseeing client assets increased.
Enterprise Financial Services in St. Louis reported lower quarterly earnings on a narrower net interest margin.
First Waterloo Bancshares in Waterloo, Ill., has agreed to buy Prairie Financial Bancorp in Stewardson, Ill.
Square 1 Financial in Durham, N.C., followed a simple formula in the third quarter: loan growth equals higher profits.
Sierra Bancorp in Porterville, Calif., has tapped an insider to succeed its retiring chief executive.
FCB Financial Holdings, in Weston, Florida, reported a $3.4 million loss in the third quarter that relected costs tied to its initial public offering.