Chris Cumming

City Bank Texas in Lubbock has chosen Allied Payment Network's mobile bill payment tool.

Pinnacle Financial Partners (PNFP) in Nashville, Tenn., reported record quarterly profit after noninterest income jumped.

Comerica Incorporated (CMA) beat first-quarter earnings estimates by controlling costs and reducing bad loans.

The president and chief executive of Rocky Mountain Bank in Billings, Mont., is moving on to Herring Bank in Amarillo, Texas.

Diamond Valley Federal Credit Union in Evansville, Ind., has chosen two Fiserv (FISV) products to improve communication and reporting to its members.

ClosingCorp, which provides closing-cost data and services to mortgage lenders, has released a product designed to offer more accurate pricing for real-estate services.

The $1.4 billion-asset unit of First Mariner Bancorp (FMAR) said Monday that the FDIC had terminated an April 2009 cease-and-desist order requiring the bank to comply with fair-lending practices.

Chemical Financial (CHFC) in Midland, Mich., reported higher first-quarter profit because of an increase in fee income.

Record mortgage revenue and more lending helped M&T Bank (MTB) raise profits 33% in the first quarter.

BNC Bancorp (BNCN) in High Point, N.C., is remaking its executive staff with a half-dozen new appointments.

Bank of the Ozarks (OZRK) in Little Rock, Ark., reported higher quarterly earnings because of higher mortgage income.

Flagstar Bancorp in Troy, Mich., has added two key executives: Hugh Boyle, a former chief risk officer at Washington Mutual, will have the same job at Flagstar; and Michael Flynn was hired as the company's general counsel.

M&T Bank's purchase of Hudson City Bancorp faces a lengthy delay after regulators raised concerns about M&T's compliance with anti-money-laundering rules.

The Securities and Exchange Commission is pressing large banks like Citi, B of A and JPMorgan to provide investors with more accurate information about structured notes, complex securities that are often sold to wealthy individuals.

Polaris Financial Technology has opened a financial-technology design center in Chennai, India.

In an eventful earnings announcement, the company also reported a big jump in profits and disclosed more details about a fraud scheme perpetrated by a warehouse-lending partner.

Commerce Bancshares in Kansas City, Mo., reported lower quarter earnings because of lower interest rates.

Companies that trade the digital currency Bitcoin for dollars have suffered from disruptions and lags as the exchange rate has whipsawed.

CrossFirst Holdings in Leawood, Kan., has wrapped up a $22 million private placement.

A new report recommends that banks should add prepaid cards to their products if they want to attract younger customers.