West Virginia Gov. Earl Ray Tomblin signed SB 542 into law on Tuesday, clarifying provisions of the West Virginia Consumer Credit and Protection Act.

Fair Isaac is developing a credit score aimed at the millions of people who are unable to obtain credit cards, auto loans and mortgages because lenders consider them to be too risky.

American Express Chief Executive Officer Kenneth Chenault, speaking in a city where retailers once revolted against its fees, said the lender has learned the dangers of arrogance and doesn't take any customers for granted.

The technology, still in its early development stages, will analyze Home Mortgage Disclosure Act files prior to formal submission to the regulator so lenders can spot and fix errors faster.

CommunityOne Bancorp in Charlotte, N.C., has agreed to buy a branch in Lenoir, N.C., from CertusBank.

Bank of America must submit a new capital plan by Sept. 30, but CEO Brian Moynihan faces bigger problems as investors are likely to question him (again) on the bank's elevated expenses, disappointing stock price performance and other matters.

Delmarva, the parent of the $192 million-asset 1880 Bank, will pay $8 million in cash for the $133 million-asset Easton.

Atlantic Coast Financial in Jacksonville, Fla., has been released from an enforcement action that required it to improve its capital ratios.

The $317 million-asset State Bank said in a press release Tuesday that it will sell the Yuma, Ariz., branch — along with $17 million in deposits and $18 million in loans — for roughly $750,000.

Huntington Bancshares in Columbus, Ohio, has named R. Jeffrey Young president of its mutual fund service subsidiary.

Bank of Montreal can double its U.S. customer base without further acquisitions by its Chicago-based BMO Harris Bank unit, Chief Executive Officer William Downe said.

The sweeping reforms passed in 2010 didn't bring community banks to the brink of extinction. Rather, their numbers have dwindled because of the impact of economies of scale and dormant de novo banking activity.

Sun Bancorp in Mount Laurel, N.J., has decided to sell another branch and consolidate nine others as part of the ongoing streamlining of its retail network.

HomeTrust Bancshares has one less worry after a judge dismissed a three-year-old lawsuit against the Asheville, N.C., company.

Summit Financial in Moorefield, W.Va., has filed to raise $15 million over time.

Guaranty Bancorp in Denver is registering shares so that a number of large investors can sell stock over time.

CommunityOne Bancorp in Charlotte, N.C., is registering shares to make it easier for investors to sell stock over time.

TransUnion Corp. restarted the process for an initial public offering, three years after the credit-reporting company was acquired in a $3 billion deal that ended its earlier run at going public.

Wilshire Bancorp in Los Angeles has opened its first branch in Georgia.

February litigation against collection agencies increased from January’s across-the-board decline but Telephone Consumer Protection Act litigation continues to significantly lag.