Seacoast Commerce Bank (SCCB) in San Diego has opened a new loan production office in Boise, in an effort to extend its Small Business Administration lending business to Idaho and eastern Washington.

Much has been made of how Basel III requirements have dulled banks' appetite for mortgage servicing rights, but a handful of institutions are buying within regulatory limits.

An increasing number of severely delinquent mortgages that were securitized during the boom years are sustaining losses that are greater than the loan's original principal balance.

The Arkansas company has been aggressive this year, agreeing to buy banks with a total of $3.4 billion in assets. The buying spree is partially driven by a currency lifted by a bankruptcy deal Simmons First completed last year.

United Bank in Zebulon, Ga., has agreed to acquire Monroe County Bank in Forsyth, Ga.

FirstBank in Lakewood, Colo., has opened a new branch in Denver's newly renovated Union Station building.

Consumers in the market for new banks will find the most affordable options in the Midwest and South, according to a study from GoBankingRates.

United Bank of Glastonbury, Conn., has hired three experienced former Bank of America mortgage bankers in West Springfield, Mass.

Research found the Ditech name still resonates with consumers after a five-year absence from the market, the lender says, though this incarnation won't be originating nonprime loans.

Telephone Consumer Protection Act lawsuits in April overtook Fair Credit Reporting Act legislation as the number two largest category behind Fair Debt Collection Practices Act cases.

Square has launched Square Capital, a credit program for small business, joining a growing number of companies breaking into small-business lending.

Simmons First National (SFNC) in Pine Bluff, Ark., has agreed to buy Liberty Bancshares in Springfield, Mo.

Philadelphia collected more than $45 million in back property taxes during the first four months of the year and cut the number of tax delinquent properties by an estimated 30,000, 25% down from the previous year, records show.

First Horizon National (FHN) in Memphis, Tenn., has agreed to buy 13 branches from Bank of America (BAC).

Citigroup Inc. Chief Financial Officer John Gerspach said second-quarter trading revenue could be down 20 percent to 25 percent from year-earlier levels in a market he described as "becalmed."

Bank of New York Mellon Corp., the world's largest custody bank, expects to record an after-tax charge of about $100 million in the second quarter linked to administrative errors in certain funds it manage

MasterCard Inc. plans to help its cardholders address issues that arise from identity theft, while also extending its zero liability policy to include PIN-based and ATM transactions.

UBS Wealth Management Americas, an arm of Switzerland's largest bank, has joined the growing list of lenders in the United States gunning for mortgage volume through the wealth management channel.

A consolidated exam force could give state regulators access to federal resources without undermining the dual banking system.

Poage Bankshares (PBSK) has fended off a proxy challenge from activist investor Joseph Stilwell.