Colin Wilhelm

WASHINGTON — President Obama has directed the Department of Education and other agencies to institute changes meant to improve student loan servicing in an initiative the White House calls "a student aid bill of rights."

HomeBancorp in Tampa, Fla., has raised $16.5 million in capital.

Fannie Mae selected a chief internal auditor with an "inherent conflict of interest" and the mortgage giant's process for filling the position was faulty, according to a watchdog report to be released Wednesday.

WASHINGTON — President Obama has directed the Department of Education and other agencies to institute changes meant to improve student loan servicing in an initiative the White House calls "a student aid bill of rights."

EagleBank in Bethesda, Md., priced a secondary offering of close to 2.5 million shares of common stock at $35.50 per share on Thursday.

FCB Financial Holdings in Weston, Fla., has terminated its loss-share agreements with the Federal Deposit Insurance Corp.

Farmers Capital Bank in Versailles, Ky., has been freed from a regulatory order.

NCUA will webcast a seminar on field of membership expansion and improved service to underserved communities, the agency announced Tuesday.

Mark Holbrook spent 40 total years with California and Colorado-based ECCU, ascending to its chief executive position after only four years. He will retire at the end of May in this ECCU's 50th year of operations.

State Bank Financial in Atlanta has acquired Boyett Agency to serve as the foundation for a new insurance division.

Costco has picked Visa as its new payment card network and Citigroup as the new issuer of its cobranded credit cards.

Costco has picked Visa as its new payment card network and Citigroup as the new issuer of its cobranded credit cards.

CVB Financial in Ontario, Calif., will take a small hit in the first quarter after repaying a Federal Home Loan Bank advance.

Plumas Bank in Quincy, Calif., is looking to convert its loan-production office in Reno, Nev., into a full-service branch.

Prosper Marketplace, an online lender for consumer loans, has found a new source of referrals: community banks.

BB&T has received subpoenas from the Justice Department tied to a probe of the Winston-Salem, N.C., company's FHA lending.

Getting employees used to using fingerprint scanners was the biggest challenge to Clear Lake Bank's biometrics project.

Deutsche Bank's U.S. division has hired JPMorgan Chase executive Jeff Urwin to head its corporate finance activities and co-head its corporate banking and securities business.

Lending Club lost $9 million in the fourth quarter, hurt by expenses tied to its highly publicized initial public offering and by other costs.

U.S. Century Bank inDoral, Fla., has received regulatory approval for its plan to raise $65 million in capital, according to a news report.