Missouri is the best state for banking conditions and Nevada is the worst, according to a new survey.

The Mortgage Bankers Association has cut its 2014 loan origination forecast to $1.05 trillion because home purchase loan application volume is well behind where it was this time last year.

The owner of a Houston-based debt collection operation, along with two company managers, are banned from the industry. The three were charged with multiple Fair Debt Collection Practices Act and FTC Act violations.

TS Banking Group in Treynor, Iowa, has agreed to buy Tioga Bank Holding Co. in Tioga, N.D.

Auto loan debt per borrower has increased for three consecutive years, up nearly 13% - more than $1,900 - since the trend began in Q1 2011.

CertusBank fired its founders for providing inaccurate budgets and for failing to devise a strategy after its failed-bank deals dried up, the Greenville, S.C., company said in court filings.

As mobile payments hit the mainstream, bankers should offer their customers a compelling proposition rather than wait for someone else to lure customers away.

Legislation in Minnesota designed to restrict the payday loan industry fell short Friday of winning final approval in the Minnesota Senate, meaning advocates of reform will have to wait until next year.

Regulators' recent moves to encourage mortgage lenders to relax standards have reignited a contentious debate.

Highlands Bancorp (HSBK) in Vernon, N.J., has raised $5 million by placing subordinated debt.

U.S. student loan debt rose to a record $1.2 trillion for the first quarter ended March 31, following a $31 billion jump, the Federal Reserve Bank of New York reported.

With Credit Suisse Group AG poised to become the first bank in more than a decade to admit to a crime in the U.S., regulators have been reaching out to some of the firm's biggest business partners to avert a panic, according to a person briefed on those communications.

Deutsche Bank AG is marketing its inaugural issue of subordinated bonds designed to absorb losses while allowing a troubled lender to remain in business.

Solera National Bancorp (SLRK) in Lakewood, Colo., has one less activist investor to worry about. The $168 million-asset company disclosed late Friday that Kathleen Stout, a former company executive, has withdrawn her nomination of eight director candidates.

Malvern Bancorp (MLVF) in Paoli, Pa., is facing activist pressure to sell itself.

San Antonio Mayor Julian Castro is in line to head the Department of Housing and Urban Development, part of an administration reshuffling that would bring a Democratic up-and-comer to President Barack Obama's cabinet.

Illinois state regulators closed the $66.3 million-asset AztecAmerica Bank in Berwyn on Friday.

Sandy Spring Bancorp (SASR) in Olney, Md., said its second-quarter earnings will be reduced after a Maryland jury awarded a $6.05 million verdict in a case involving a former employee.

The $1.7 billion-asset Carlile — founded in 2009 to acquire banks in Texas and elsewhere — has agreed to buy Community Bankers Inc., Carlile President Don Cosby said Friday.

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