Synchrony Financial in Stamford, Conn., has agreed to issue private-label cards on behalf of Newegg, an online retailer of consumer electronics.

Prairie Community Bank in Marengo, Ill., has raised $2.48 million in a private placement of its preferred stock.

Clients of many community banks in Illinois can apply for short-term loans as lawmakers grapple over issuing paychecks while the state has no budget.

Sunshine Financial in Tallahassee, Fla., has asked for permission to switch to a state bank charter from a federal thrift charter.

Some housing professionals have grown reluctant to participate in the Federal Home Loan Banks' Affordable Housing Program, objecting to burdensome requirements and rules that are inconsistent with other funding sources. It's time for the Federal Housing Finance Agency to make some updates.

Piper Jaffray has agreed to buy River Branch Holdings, a Chicago investment bank that focuses on financial institutions.

Regency Financial Services Inc. and its CEO Ivan Levy agreed to a permanent ban on telemarketing and the advertising, marketing or sale of any debt relief products or services.

The health care system is riddled with excess capacity, huge legacy costs, out-of-control expenses and regulations even more onerous than those in banking. And just as in banking, high-tech startups are shaking up the system.

Banking experts are starting to look into cryptocurrency tech, and they are hedging their bets by finding uses for both the public blockchain models – like Bitcoin – and private models.

The Federal Communications Commission on Friday released its Telephone Consumer Protection Act Omnibus Declaratory Ruling and Order, which takes effect immediately.

Colorado state regulators on Friday closed the $31.7 million-asset Premier Bank in Denver.

The Department of Justice's Office of Professional Responsibility said it found no support for allegations that federal lawyers wrongly pursued legal online payday lenders and forced banks to cut ties with legitimate businesses.

Auto title loans in California grew by more than 10% in number and dollar value last year and the market has almost doubled since 2011, according to a new report.

Capital One Financial has purchased another digital design studio as it works to deepen its reach in Silicon Valley.

Bank of Stockton in California has agreed to acquire three California branches of from First Banks in Clayton, Mo, according to The Record in Stockton.

BB&T's top executives are set to get up to $2.6 million in bonuses if the Susquehanna deal goes well. While viewed as a good way to make sure the deal works out well, some analysts note that M&A already contributes to executive compensation when it boosts earnings per share and return metrics.

Commercial real estate lending and mortgages are banks' main source of hope to beat lukewarm expectations for the earnings season that begins Tuesday.

Pacific Continental in Eugene, Ore., has hired the former chief financial of Tower Financial in Indiana as its new CFO.

WASHINGTON — The World Bank is wrapping up a global survey to examine if "de-risking" is leading banks to disassociate from remittance businesses in areas prone to money-laundering activities.

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including ideas about how to improve disclosure requirements and ways to encourage banks and young tech firms to join forces.