Lenders are doing a much better job closing the loan applications they are getting, and they are doing so in a shorter period of time. Tight credit has not increased the risk that a loan will fail to close.

Under Roy Malone's direction, Golden Pacific Bancorp last year introduced an online lending platform that vastly speeds up the approval process for borrowers seeking Small Business Administration loans ranging from $5,000 to $150,000.

NBT Bancorp in Norwich, N.Y., has prepaid about $165 million in Federal Home Loan Bank borrowings.

CrowdCurity is applying the core principle of Bitcoin—decentralization—to security by offering a crowdsourced marketplace of global security testers.

Creating a more efficient way to do the same old thing isn't enough, says David Gerbino. Banks need to reconstruct some of their basic deposit products to truly innovate.

The Office of the Comptroller of the Currency has closed Slavie Federal Savings Bank in Bel Air, Md.

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The Federal Deposit Insurance Corp. is looking to ban a former Tennessee banker from the industry following his institution's 2012 failure.

Internal memos and emails show that the controversial probe was not exclusively focused on payday lending. At the same time, Justice officials did not think it was their problem if lawfully operating payday lenders lost their banking relationships as a result of the investigation.

The city of Los Angeles accused JPMorgan Chase & Co. of targeting minority borrowers with predatory loans in a lawsuit filed two days after Wells Fargo & Co. lost a court bid to dismiss a similar case.

The addition of a new community bank section in the Federal Deposit Insurance Corp.'s quarterly bank earnings report is meant to make up for distortions in how large banks drive industry data.

First Internet Bank (INBK) in Indianapolis has appointed a executive to run its asset-based lending business.

The emergence of several regional banks in California could prompt smaller institutions to weigh their M&A options. Higher operating costs and limited revenue opportunities could also force more consolidation in the state.

A survey of working age low- and middle-income households finds that they accrue credit card debt not necessarily because of irresponsible spending habits.

The lawsuit against a former county deputy clerk seeks to recover more than $75,000 in public funds she allegedly misappropriated before being fired.

Independent Bank Group (IBTX) in McKinney, Texas, is reportedly in talks to buy Houston Community Bank.

First Savings Bank of Perkasie in Pennsylvania has acquired investment advisor Longview Capital Management in Wilmington, Del.

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

A national subprime auto lender will pay more than $5.5 million to settle charges that it used illegal tactics to service and collect consumers’ loans.

American Bancorporation was the first-ever bank holding company thrown into bankruptcy by the holders of its trust-preferred securities. Regulators may be able to avoid similar bankruptcies if more flexibility is shown in allowing holding companies to access capital to pay off creditors.