Anchor Bancorp in Lacey, Wash., which has been facing pressure from a prominent activist investor to sell itself, has hired an investment bank to explore strategic options.

Problem technology credits drove down quarterly profits at Opus Bank in Irvine, Calif., which said it will pull back on tech lending even though that had become one of its most important niches.

Though several banks have begun automating financial advice for smaller investors, some are also providing more personalized services — such as counseling family members who have suddenly inherited a fortune.

Lakeland Financial Corp. in Warsaw, Ind., said its second-quarter profit rose 13% to $12.8 million on loan and deposit growth and higher net interest income.

First South Bancorp in Washington, N.C., has acquired a portfolio of mortgage servicing rights.

Once skeptical of robo advisers, retail banks are starting to embrace them. Several big banks are getting into the business, mostly by forming partnerships with fintech companies. Smaller banks are expected to soon follow suit.

B of A says customers are becoming inundated with wallet options, so they are holding out on building their own.

EverBank Financial, the largest bank based in Florida by deposits, is exploring a sale after receiving interest from a potential suitor, according to people familiar with the matter.

Regulators sought to limit improper contact between lenders and appraisers, but policies of the two mortgage giants encourage the kind of practices that contributed to the housing crisis.

Regulators are removing several items from call reports, including details on troubled-debt restructurings and loss-share portfolios. Bankers are pleased, but the absence of certain data could frustrate outsiders.

Waterstone Financial reported a 71% year-over-year jump in net income during the second quarter thanks to growth in its mortgage banking division.

Bank of Hawaii in Honolulu reported higher quarterly profit that reflected deposit growth.

Santander Consumer Holdings USA on Monday delayed the release of its quarterly results amid ongoing accounting woes.

Now is the time to correct the mistakes of interchange price controls that harm consumers and community financial institutions to the benefit of merchants.

Some big banks are venturing further down the risk spectrum after a long period of unusually strong credit performance.

Citizens Bank in Elizabethton, Tenn., has agreed to buy American Trust Bank of East Tennessee in Knoxville.

Eagle Bancorp in Bethesda, Md., has issued $150 million in subordinated debt after increasing the amount it originally planned to sell.

Several core processing vendors with mobile-age platforms have sprung up in the past year. Making a lasting mark in a field dominated by entrenched vendors will take time.

WASHINGTON — Federal regulators Friday issued proposals outlining methodologies for establishing how thresholds for certain exemptions to Truth in Lending requirements would be set.

Synchrony Financial enjoyed strong loan growth in the second quarter, but gains in interest income were more than offset by a larger provision for losses.