Bill Cooper is set to retire as chief executive of TCF Financial in Wayzata, Minn., at the end of this year.

As banks await an expansion of data they must give regulators to capture mortgage lending patterns, pressure is building on the Consumer Financial Protection Bureau to advance similar requirements for small-business lending.

IMGCAP(1)]

Key Private Bank has named David Reynolds as its market sales leader for Cleveland.

Stewardship Financial in Midland Park, N.J., has issued $16.6 million in subordinated debt and plans to exit the Small Business Lending Fund program.

Regions Financial in Birmingham, Ala., has named Kate Randall Danella as executive in charge of several wealth management functions.

Sunshine Financial in Tallahassee, Fla., will restate earnings for the first and second quarters after it discovered an accounting error.

To understand this massive storm's impact, said Mississippi CU Association CEO Charles Elliott, "you must comprehend that people lost their past, their present and their future. For some, there was no evidence they ever existed."

Bank of America has settled a national class-action lawsuit brought by former employees who claimed they weren't paid for overtime work.

The market correction and likely longer timeline for a Fed rate rise have sent some overly optimistic investors to the door, and now prices are closer in line with the fundamentals. That's setting the stage for a bounceback in some of the biggest banks' stocks and may ease pressure on them coming into third-quarter earnings season.

Old-fashioned banks and neobanks are both finding the battle for acquiring customers to be treacherous. So BankMobile, a mobile-first banking service, has launched an innovation lab-like division seeking new tech that could attract thousands of new customers per month.

First Banks in St. Louis has promoted an executive to chief operating officer and has made two additional promotions.

Harvard Illinois Bancorp shareholders have approved an agreement to sell the company, a big step toward a plan to wind down operations.

As the Consumer Financial Protection Bureau finishes regulations dealing with mortgage data reporting, a similar set of requirements for small business loans is waiting in the wings.

A decision by the U.S. bankruptcy court in Delaware to approve Corinthian Colleges' liquidation plan ultimately could mean hundreds of thousands of students won’t have to repay their loans.

A Mississippi businessman, indicted in connection with bribes paid in exchange for prison contracts, made $198,000 between 2012 and 2014 as a lobbyist for the state’s payday loan and check cashing industries.

Ten years after Hurricane Katrina wreaked havoc along the Gulf Coast, many credit unions in the area appear to have rebounded, having learned some painful lessons along the way.

Union Federal Savings & Loan Association and First Federal Savings & Loan Association, two mutuals in Kewanee, Ill., have agreed to merge.

In recent online focus groups, Federal Reserve researchers presented 44 small-business owners with basic information about a loan and asked them to estimate the interest rate. The business owners' responses were telling.

First NBC Bank Holding in New Orleans has agreed to raise its purchase price for State Investors Bancorp and has delayed the targeted completion date.