An unsolicited offer from an unnamed institution prompted Team Capital Bank in Bethlehem, Pa., to explore selling itself.

Auto loan debt per borrower increased for the 11th straight quarter, rising 4.4 percent from $16,060 in Q4 2012 to $16,769 in Q4 2013.

In West Virginia this week, state Attorney General Patrick Morrisey's office reports a new scam involves callers pretending to be FBI agents attempting to collect debts.

The Brooklyn company points to the recently announced merger of Rockville and United Financial in the New England, along with other deal, as evidence that similarly sized banks can reach agreement.

ALEXANDRIA, Va. -- NCUA has released Rapid City Telco FCU from a cease and desist order originally issued Feb. 25, 2010.

Complaints filed with the Consumer Financial Protection Bureau about collectors totaled 2,975 in January, more than double the 1,254 in December. In 2013, starting in July when the CFPB began tracking the data, 11,043 complaints were filed against collectors.

Foundation Bancorp (FDNB) in Bellevue, Wash., has been released from an enforcement action issued by the Federal Deposit Insurance Corp. and state regulators.

Several community banks have started offering correspondent banking services, while others are expanding their products. Still, many banks are wary about repeating the mistakes of the past.

Account holders at MtGox, the massive Bitcoin exchange that abruptly shut down this may not be left completely empty-handed. If the Tokyo company files for bankruptcy, its customers could retrieve some of the funds it is holding hostage.

The Federal Reserve Bank of Richmond and the Virginia Bureau of Financial Institutions have terminated their regulatory agreement with Hampton Roads Bankshares (HMPR) in Virginia Beach and its subsidiary the Bank of Hampton Roads.

The $3 billion-asset company said in a press release Tuesday that Jack Allison will oversee the bank's banking, mortgage, small business, information technology and retail divisions, along with the operations of investment firm, Sun Financial Services, in a newly created post.

Private issuers need certainty to create a new secondary mortgage market, MBA and SIFMA officials say.

The company is "committed to the mortgage business for the long run" despite current challenges facing the industry, mortgage banking chief executive Kevin Watters says.

Jay Fastow and Denise Plunkett have joined Ballard Spahr as partners in the firm's New York office. They will be members of Ballard Spahr's Litigation Department and the firm's Consumer Financial Services and Antitrust Groups.

Fifth Third Bancorp (FITB) in Cincinnati has disclosed new details about a technological glitch that temporarily marred some customers' credit reports.

SunTrust Banks (STI) is forecasting as much as $300 million in legal losses tied to mortgage probes, and it has disclosed the existence of four new investigations.

JPMorgan Chase said it would eliminate about 8,000 jobs in the consumer and mortgage banking units this year as demand for refinancings declines.

Synovus (SNV) in Columbus, Ga., is planning to replace two directors and pursue a 1-for-7 reverse stock split.

Mt. Gox, the Bitcoin exchange that halted withdrawals this month, went offline as industry peers distanced themselves from the Tokyo-based company in an effort to defend the virtual currency.

Mt. Gox, the Bitcoin exchange that halted withdrawals this month, went offline as industry peers distanced themselves from the Tokyo-based company in an effort to defend the virtual currency.