Chris Cumming

The Federal Reserve Board has issued an enforcement action against the holding company of an Alabama bank.

Generation Mortgage, a reverse-mortgage lender in Atlanta, has promoted Colin Cushman to fill its recent vacancy at the top.

Core-banking tech provider Jack Henry is expanding the services it offers banks and credit unions by offering support for prepaid cards, with assistance from TransCard.

Citizens Bank of Kansas is seeking to switch from a national to a state charter.

Consumer credit reports contain many errors, causing some consumers to pay higher rates for loans, the Federal Trade Commission said Monday.

Losses at Anchor BanCorp Wisconsin (ABCW) in Madison narrowed slightly last quarter as its credit quality improved.

United Community Banks in Blairsville, Ga., has renewed its contract with Fiserv and added the fintech company's debit card services.

Flagstar Bancorp (FBC) has set aside $161 million to cover lawsuits over its mortgage-underwriting practices.

First Northern Bancorp (FNRN) of Dixon, Calif., is nearly halfway out of the Treasury Department's Small Business Lending Fund.

The Federal Reserve issued an enforcement action against a Montana bank holding company and lifted one from the parent of a recovering Texas bank. Both moves mirror actions by the Office of the Comptroller of the Currency toward the companies' banking units.

Fourth-quarter interest income and margins rose at Park Sterling (PSTB) in Charlotte, N.C., after an acquisition that doubled its assets.

Jerry Von Rohr, the former chief executive of Reliance Bank in St. Louis, is suing for salary and benefits he says the Federal Deposit Insurance Corp. unfairly prevented him from receiving.

Berkshire Hills Bancorp (BHLB) has hired a team of five away from TD Bank to open its first commercial banking office in eastern Massachusetts.

nCino has updated its cloud-based software for the financial services industry.

Darrell Fletcher is leader of the Columbus, Ohio, company's new commodities hedging service and its third specialty hire from another bank in recent months.

Swedbank has signed on with Bloomberg PolarLake's new managed service for enterprise data management.

The Treasury Department has decided to cancel the auction of Coastal Banking Company's Troubled Asset Relief Program shares after the bank received approval to pay dividends.

BofI Holding (BOFI) in San Diego earned a record quarterly profit on surging interest income and a higher interest margin.

First Niagara (FNFG) in Buffalo has created a banking region that includes branches it bought last year from HSBC.

Flagstar has asked the Treasury to delay the sale of its Tarp shares, will have to pay more than $90 million in connection with a bond insurer's lawsuit, and announced the sale of more commercial loans.