Kristin Broughton

Community 1st Bank (CFBN) of Auburn, Calif., shuffled its executive team on Thursday after re-appointing Robert C. Haydon, the bank president and chief executive officer, as board chairman.

Global Payments Inc. has promoted David Mangum to the role of president and chief operating officer and hired Cameron Bready to succeed Mangum as chief financial officer.

New York banking regulator Benjamin Lawsky said Wednesday his office will investigate claims that Ocwen Financial Corp. (OCN) and other servicers require distressed borrowers to sign nondisclosure agreements in order to receive mortgage modifications.

M&T Bank (MTB) of Buffalo, N.Y., has committed $60 million to keep its name atop the Baltimore Ravens' football stadium for at least another 13 years.

Three big banks on Wednesday announced new community investment initiatives.

Nordea Bank will offer iZettle's mobile card readers to its small business customers in Sweden, Norway, Denmark and Finland.

Car loan debt continues to rise as more and more Americans are trading in old cars for new ones, according to a report released Monday from TransUnion.

The Banking Industry Architecture Network, a standards group that promotes the use of services-oriented architecture among banks, today announced the addition of two U.S.-based members.

Second Curve Capital in New York cashed out of two bank holdings in the first quarter.

CommunityOne Bancorp (COB) in Asheboro, N.C., plans to sell stock it issued the Treasury Department as part of the Troubled Asset Relief Program.

New York Attorney General Eric Schneiderman on Monday renewed calls for the state legislature to address the problem of "zombie properties," or foreclosed homes that banks have walked away from to avoid the cost of maintenance.

MoneyGram customers can now transfer money to Mexico in 30 minutes, which is nearly half the time it takes to send transfers to other Latin American countries.

The $769 million-asset bank said in a press release that Joseph DeVito had become its president and chief executive. DeVito succeeded Kenneth Brennan, who will become Village Bank's chairman.

Bankwell Financial Group (BWFG) of New Canaan, Conn., raised nearly $49 million through its initial public offering.

Summers — a World War II veteran, businessman and civic leader in southeast Texas — was a director of the bank since 1951, including more than two decades as chairman. He died Tuesday at 95.

Cal-Bay International is developing a specialized prepaid and loyalty card for licensed marijuana dispensaries.

Midwestern community banks are in their best financial condition since early 2009, the Office of the Comptroller of the Currency said in a May 13 report.

Fiserv (FISV), a financial technology firm Brookfield, Wis., announced Wednesday that it received a new patent for "a customer value optimization process" in its Predictive Scores solution.

Mortgage applications increased during the week ending May 9, driven by a jump in requests for refinancings, according to a report from the Mortgage Bankers Association.

Student loan company Sallie Mae has agreed to pay approximately $97 million to settle accusations by the Justice Department that it overcharged certain members of the military and by the Federal Deposit Insurance Corp. that it misled consumers about late fees.