Powered by double-digit gains in both interest and fee income, WSFS Financial in Wilmington, Del., reported a profit of $14.4 million in the fourth quarter, up 9.3% from the fourth quarter of 2014.

The CFPB has released its latest monthly consumer complaint snapshot, highlighting consumer complaints in December about financial services such as collections, debt settlement and credit repair.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

Pinnacle Financial Partners in Nashville, Tenn., has agreed to buy Avenue Financial Holdings in Nashville.

College Ave Student Loans, an online lender in Wilmington, Del., announced Thursday that it has raised $20 million in equity financing.

Visa Inc., the world's largest payments network, said fiscal first-quarter profit rose 24 percent as consumer card spending increased.

United Bankshares in Charleston, W.Va., reported an uptick in fourth-quarter profit as lower expenses offset lower average yields on earning assets.

Bank of America announced Thursday that it customers can now suspend their debit cards temporarily; it is the first of several new features the bank has planned for 2016 after it tripled its digital banking budget.

Randolph Bancorp in Stoughton, Mass., plans to convert from a mutual thrift to a stock-owned bank. The $386 million-asset company will hold an initial public offering as part of its conversion, it said Tuesday.

The Minnesota company's management team expressed confidence in its ability to monitor risk, even as companies such as BB&T and Fifth Third issue warnings over pricing and returns.

The company knew it would soon expand outside of Michigan, but management thought it might buy a $2 billion-asset bank based in Indiana. Talmer Bancorp was much bigger than that and it instead offered opportunity in Ohio.

By selling its community banking products to Fiserv, ACI has signaled it is no longer interested is no longer interested in that space. Fiserv, meanwhile, is beefing up its small-institution offerings.

Presidential candidates' arguments to stop the Federal Reserve from paying interest on banks' excess reserves betray a poor understanding of monetary policy and why the Fed began the practice. Here's why.

The former president of a Texas community bank was sentenced to two years in federal prison for manipulating the bank's books and embezzling money to pay her daughter's sorority dues.

Identity theft victims for the first time can go online and get a free ID theft recovery plan to help them in alerting credit bureaus and law enforcement.

Police in Texas are helping collect delinquent court fines by using license plate scanners and credit card readers that allow them to take payments on the spot, with the vehicle data collected and stored by a private company.

The Department of Housing and Urban Development is reducing the mortgage insurance premiums it charges on Federal Housing Administration multifamily loans to encourage the renovation of affordable housing units and promote energy-efficient upgrades.

Discover Financial Services reported a slowdown in growth in its credit card business but vowed to take steps to reverse the trend.

East West Bancorp in Pasadena, Calif., said higher income taxes and lower interest income were partly to blame for a 3.87% drop, to $91.8 million, in its fourth-quarter profit.

Unless banks devote the same amount of investment as standalone incubators, the innovation labs launched by financial institutions will be a short-term fad.