The $4.4 billion-asset bank holding company based in Dubuque, Iowa said Thursday it would buy Heritage Bank in Phoenix for $16 million in cash.

Many community banks could find themselves in the same dilemma as LNB in Ohio, which is weighing the pleas of activist shareholder Umberto Fedeli to repurchase its Tarp shares from private investors. It has to choose between paying higher dividends or a costly capital raise.

The Consumer Bankers Association has elected Iberiabank executive Bob Kottler as its new chairman for 2013, the group said in a press release Thursday.

Growth in business lending by commercial banks remained brisk in the third quarter according to preliminary data, but continued to slide from a recent peak.

The Sunshine State is on its third banking commissioner — Drew Breakspear — in slightly more than a year.

Despite assurances from the Consumer Financial Protection Bureau that confidential information is protected, any discussions with lawyers about lending policies and procedures could wind up haunting lenders at exam time.

Viable restructuring alternatives to bank holding company debt do exist and will open the door to conventional M&A options or attract fresh equity.

Unable to find an acquisition or other expansion opportunity that it likes, Trinity Bank in Fort Worth, Texas, will pay a special onetime dividend to shareholders.

The new Bluebird prepaid card from American Express and Walmart could pose a threat to rival cards and checking accounts.

Flushing Savings Bank has filed an application with regulators to combine with its subsidiary, Flushing Commercial Bank, under a New York commercial bank charter.

MLV & Co. Financial has struck a deal to buy a stake in an investment advisor in Connecticut and promises more acquisitions to come.

Proclaim the beliefs you would fight for – the essence of what differentiates your bank from others – then carefully ensure that every action, from your marketing, to your interactions and behaviors, matches those values.

Bank of America Chief Executive Officer Brian Moynihan will press on with a plan to cut more than 30,000 jobs as revenue stays flat.

PHILADELPHIA – Sb1 FCU, the one-time SmithKline Laboratories credit union that recently converted to a community charter, opened a new branch in the Philadelphia Navy Yard.

Four senior Republicans are criticizing the Commodity Futures Trading Commission's judgment and use of resources after a federal court struck down its controversial "position limits" rule.

The parent of $13 billion-asset PrivateBank said Wednesday it has begun a public offering of roughly $75 million of its common stock and announced plans to hold a separate public offering of $125 million in subordinated debt.

BankUnited (BKU) is gearing up for branch openings in New York despite being barred by a settlement with Capital One Financial from opening the branches until next year.

Jamie Dimon sounded off Wednesday on two big scandals dogging his bank this year, expressing regret and frustration over the "London Whale" trading losses and a new government lawsuit against JPMorgan Chase.

Even without added regulatory pressure, Capital One has a lot to juggle as it integrates ING Direct and a big HSBC credit card portfolio. Industry members weigh in on what it should watch for.

Capital One knows how to integrate big bank purchases. But in the era of the Consumer Financial Protection Bureau, it's facing new challenges as it swallows ING Direct and HSBC's credit cards.