The president and chief operating officer of Peapack-Gladstone Financial (PGC) will leave the Bedminster, N.J., company at the end of the year.

Providing a safe harbor for only some qualified mortgage loans will swing the stringent credit standard pendulum further in the wrong direction.

Meetinghouse Bancorp in Dorchester, Mass., raised roughly $6.6 million from its initial public offering.

The $6.2 billion-asset First Financial Bancorp (FFBC) will close 10 branches to cut costs, according to a report.

The Treasury Department will receive $62 million from its latest auction of stakes it owns in banks through the Troubled Asset Relief Program.

Seeking to accelerate a process that results in taking someone's home should not be done lightly. Plus, a major driver of foreclosure time is not state law but who services the mortgage.

A dedicated line to Ray Davis' Portland, Ore., office is just another retail touch that helps the bank distinguish itself from competitors.

The decision means the company must prepare to defend itself against allegations by the Federal Housing Finance Agency of wrongdoing in the sale of securities backed by residential mortgages.

Residential Capital LLC won court approval to sell its mortgage-servicing unit to Ocwen Financial (OCN) for $3 billion after putting off a fight with loan investors and resolving other objections.

Trust isn't a message; it's a series of actions that demonstrate character. For the first time since the 2008 financial crisis, the banking industry established public goodwill through voluntary and proactive decisions.

The CFPB and FTC sent warnings to 12 mortgage lenders this week, arguing their ads were trying to trick consumers with false and misleading information.

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Northfield Bancorp (NFBK), a mutual holding company in Avenel, N.J., is taking the final step in its conversion to a fully public company.

As it dissolves in the wake of anti-money laundering violations, First Bank of Delaware Owes $15 million to Uncle Sam.

The country's largest bank promoted veteran executive Marianne Lake from its consumer and community bank, ending weeks of speculation about the fate of current CFO Doug Braunstein.

OGDENBURG, N.Y. -- St. Lawrence FCU has announced plans to expand their branch and main office at 800 Commerce Park Drive with a 10,944-square-foot addition.

DETROIT – Detroit Metropolitan CU celebrated a new branch opened inside the Coleman A. Young Municipal Center.

HSBC has named Prabhat Vira as head of trade and receivables finance for its commercial banking business in North America.

A unit of Heartland Financial USA (HTLF) in Dubuque, Iowa, has completed its acquisition of First Shares in Platteville, Wis., for $10.9 million.