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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Subpoenas have been issued by South Carolina's Attorney General's Office in connection to allegations of financial mismanagement by former executives of CertusBank.

HCBF Holding in Fort Pierce, Fla., has agreed to buy Highlands Independent Bancshares in Sebring, Fla.

State regulators quizzed bankers and payments executives about the benefits and risks associated with improvements to the payments system, including same-day transactions. The industry officials assured them the new system would be secure — though they were short on details.

Multibank holding companies that have long resisted consolidating their banks are finally giving in. The switch can offer a range of advantages beyond improved efficiency, but choosing the right moment for a consolidation — and making sure not to spook customers — can be tricky.

Community & Southern Holdings in Atlanta has agreed to buy Alliance Bancshares in Dalton, Ga.

A recent oil and gas boom in Texas that has captivated banks' attention is also drawing the eye of regulators as they become concerned how far institutions will go to win loans and hire specialists within the energy industry.

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

TransUnion attributes the improved delinquency and debt rates to consumers paying off charges made during the holiday season as well as consumers using their tax refunds to pay off debts.

Six U.S. senators sent a letter to the Consumer Financial Protection Bureau this week pushing the agency to take action to protect consumers from predatory storefront and online payday lenders.

The Dutch startup Eaze has begun the public beta of its "Nod to Pay" app for the Google Glass headset and has added support for two Bitcoin wallets.

A private and public partnership to recover taxpayers’ debt is an efficient alternative to prevent government program cuts or tax increases to make up for losses, according to the association.

A plan to restart a controversial program allowing the Internal Revenue Service to contract with private collection agencies to pursue millions of unpaid tax bills is now on the Senate floor.

ANB Bank in Denver has agreed to buy Capital West Bank in Laramie, Wyo.

FITCHBURG, Wis. — Summit CU remodeled its branch here in early 2013 as part of a move to "inspire" members to dream more, and the project appears to have paid off.