MidWestOne Financial Group in Iowa City has agreed to buy Central Bancshares in Golden Valley, Minn.

The Federal Housing Administration could finally get something it desperately needs: upgrades to its outdated technology infrastructure. But industry groups object to the new fee being proposed to generate the necessary funding.

Giving roughly 5 million immigrants at least temporary relief from deportation could conceivably ease lenders' and borrowers' qualms about mortgages to undocumented workers who qualify with individual taxpayer identification numbers.

MUFG Union Bank will close 20 branches of the former Frontier Bank in Washington state.

The acquisition of CapitalSource has pushed PacWest's capital from full to overflowing. With diminished interest in M&A, the Los Angeles company recently doubled its dividend, while analysts expect management to award a special payout in the future.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

The growing influence of nonbank companies poses a danger to the financial system, and perhaps a national security threat, BB&T's Kelly King says during a wide-ranging conversation among big-bank CEOs.

Citizens Financial Group in Providence, R.I., has expanded its student loan-refinancing program to include more options for shorter loan terms.

The defendants in a federal court action brought by the Federal Trade Commission agreed Thursday to stop running an advance fee recovery scheme for the duration of the ongoing litigation.

WASHINGTON — Promontory Financial Group announced Friday that it had given financial awards to two small institutions that are expanding banking access to the underbanked.

Banks that do business with the marijuana industry should follow guidance from the Financial Crimes Enforcement Network in order to navigate the conflict between state and federal laws, a top-ranking official from the Office of the Comptroller of the Currency said Thursday.

BB&T's chief executive on Thursday warned his peers about the increasing risks being taken in commercial lending.

Consumer activists are targeting the use of arbitration clauses at Wells Fargo and PNC Financial Services Group.

Fannie Mae and Freddie Mac updated their representation and warranties frameworks in a move designed to encourage mortgage lenders to ease credit restrictions by limiting repurchase requirements.

The Consumer Financial Protection Bureau issued a proposal Thursday that would institute new foreclosure protections for consumers after the agency found its previous mortgage rules didn't go far enough.

The moves by two of the industry’s biggest players come as regulators are pressuring lenders to offer more relief to distressed borrowers.

Fraternity Community Bancorp in Baltimore has agreed to add a director recommended by activist investor Joseph Stilwell.

Consumer Financial Protection Bureau Director Richard Cordray highlighted the role of banks and other payment system operators to ensure proper treatment of customers using transaction networks.

There is a lesson for bankers in the recent decision by Bitcoin ATM provider Robocoin to stop using biometric authentication on its teller machines.

Banks and other traditional payment companies need to keep an open mind when assessing the market today as new entrants build systems to disrupt the old models, said Christine Cumming, first vice president of the Federal Reserve Bank of New York.