CVB Financial in Ontario, Calif., will have a new chairman starting Jan. 1.

Consumer borrowing jumped to $3.28 trillion in September, up approximately $15.9 billion, according to the Federal Reserve’s monthly report on auto and student loans and credit card debt.

Connecticut and New York are the only states to have established institutions specifically called green banks to stimulate lending on clean energy projects, but others could soon join them following the election of green bank-friendly governors in nine states.

Debt buyer PRA Group on Monday reported third quarter net income increased 8% to $51.2 million on cash collections of $372.7 million, a 28% jump. Revenue in the quarter rose 21% compared to a year ago to $239 million.

New York's top banking regulator Benjamin Lawsky, who used his leverage to stiffen penalties against some of the world's largest financial institutions, will probably step down next year to take a job in the private sector, said a person familiar with the matter.

Nacha CEO Janet Estep discusses how her organization polices bad actors on the automated clearing house network, why it doesn't single out specific merchant categories as risky, and how nudging the industry toward "push" payments will help.

Banc of California has completed its acquisition of the Southern California branch network of Popular Community Bank.

First Niagara Financial Group raised to $1.1 billion the amount of the goodwill impairment charge it recorded in the third quarter, as the Buffalo, N.Y., company cuts the value of assets acquired since 2009.

WASHINGTON — The Consumer Financial Protection Bureau has made some key changes to its compliance guide for the three major mortgage rules that took effect earlier this year.

Harvard Illinois Bancorp in Harvard, Ill., which recently disclosed that it had been exposed to a fraud scheme involving certain investments, has hired an investment bank to help it "evaluate strategic alternatives."

MUFG Union Bank in New York has promoted Mike Feldman to head of branch and private banking.

Central Bancshares in Muscatine, Iowa, has agreed to buy Buffalo Prairie State Bank in Buffalo Prairie, Ill.

Former President Bill Clinton addressed a crowd of thousands of Southern California kids Sunday at the largest-ever gathering for financial literacy education.

Bay Commercial Bank in Walnut Creek, Calif., has stepped in to outbid a rival to buy Valley Community Bank in Pleasanton, Calif.

Prime brokerage clients (read hedge funds) are the latest kind of customer being cut loose by banks as they curtail business with parties deemed high risk. Other banks are being careful about the castoffs they recruit, and nonbank brokers are on the rise.

The National Credit Union Administration claims a Deutsche Bank unit was negligent as a trustee overseeing mortgage-backed securities and played a role in the failure of five corporate credit unions.

The Treasury Department and its anti-money laundering unit find themselves on the defensive as bankers say they're cutting ties with entire business sectors as a result of blunt enforcement efforts.

The bottom line at Solera National Bancorp in Lakewood, Colo., improved from a year earlier, though losses persisted amid management upheaval.

NCR's updating its NCR Silver point of sale system to support Bitcoin transactions as retailer acceptance of virtual currency starts to accelerate.

Fannie Mae executives are confident they can responsibly administer a new 3% down payment program to ensure it's an effective tool for increasing access to credit.