U.S. consumers are shouldering record levels of debt to get behind the wheel of an automobile.

Two of central Maryland's oldest community banks have agreed to merge and reorganize under a new name.

The New York firm on Thursday sold 3 million voting shares in the $9.4 billion-asset United Community to Morgan Stanley, which acted as the sole underwriter on the offering.

A review of IRS forms submitted by more than 1,800 nonprofit U.S. hospitals indicates healthcare providers aren’t meeting all requirements related to community health needs assessments and financial assistance policies.

When Guaranteed Rate's Sam Sharp discovered past clients' online reviews were bringing in new mortgage customers, he started making borrower feedback a major part of his digital marketing strategy.

Evidence points to thousands of arbitrations for individual claims in recent years, and there likely would have been more if not for negative publicity about arbitrations.

First Resource Bank in Exton, Pa., has redeemed most of its Small Business Lending Fund preferred shares.

A N.Y. car dealership charged with the unlawful sale of credit repair and identity theft prevention services agreed Thursday to settle allegations brought by state regulators.

HMN Financial in Rochester, Minn., has agreed to buy a branch from Deerwood Bank in Deerwood, Minn.

County Bancorp in Manitowoc, Wis., has agreed to buy Fox River Valley Bancorp in Appleton, Wis., for about $29 million.

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The auto lender, a unit of the Spanish banking giant Banco Santander, repeatedly reassured investors that it has a handle on the subprime business.

The agency's board, however, delayed action on a contentious proposal to increase a key population threshold for determining fields of membership in metropolitan markets. Bankers remain on alert, however, because the agency has indicated an interest in revisiting the issue.

Embattled online lender CashCall has paid nearly $2 million in restitution and fines for allegedly deceiving and overcharging borrowers, California's Department of Business Oversight announced.

WASHINGTON — The Federal Deposit Insurance Corp. on Tuesday will release results of the banking industry's performance for the third quarter.

First Bancshares in Hattiesburg, Miss., has agreed to buy Mortgage Connection in Jackson, Miss.

California regulators have approved a request from private-equity firm Carpenter & Co. to raise capital for a new state-chartered bank.

Avidbank Holdings in Palo Alto, Calif., has raised $12 million through a private placement of debt.

Overall U.S. auto debt surged to $1.05 trillion in the third quarter, and the rise in subprime auto loan originations has heightened the New York Fed's concerns about that market.

County Bancorp in Manitowoc, Wis., has selected former Kimberly-Clark executive Kathi Seifert to be a director.