If TAG is senselessly allowed to expire, many depositors may sever their relationships with the smaller banks in their communities and opt to place their money under the "protection" of the Too Big to Fail institutions.

CapStone Bank in Raleigh, N.C., has agreed to buy Patriot State Bank in Fuquay-Varina, N.C., for roughly $10.6 million.

The company paid roughly $939,000 to repurchase a warrant that would have allowed the Treasury Department to buy about 543,300 shares of BNC's common stock at $8.63 per share, BNC said in a regulatory filing Thursday.

Big banks hire a former governor (Pawlenty) as their top lobbyist. An FDIC official (Hoenig) slams their behavior. And the FHFA proposes linking GSE fees to foreclosure costs.

A task force led by New York Attorney General Eric Schneiderman and formed to probe misconduct in the mortgage market during the run-up to the financial crisis may be getting ready to take action.

RBS Citizens Financial Group and TD Bank have won tentative approval to settle a class-action lawsuit that charges them with imposing excessive overdraft fees on debit-card users.

First California Financial Group is on the verge of announcing an agreement to sell itself, possibly to UnionBanCal or CVB Financial — and not hostile bidder PacWest, sources familiar with the matter say.

VIENNA, Va. – Navy FCU plans to open a new branch in Savannah, Ga., a mile away from Hunter Army Airfield, to serve 8,000 members in the area.

GROTON, Conn. – Charter Oak FCU has begun construction on its $18-million, 65,000-square-foot headquarters and branch project in nearby Waterford.

The selection of Tim Pawlenty as the Financial Services Roundtable's new CEO was a shock to those inside and outside Washington. We answer frequently asked questions about why he was chosen and what it means for the Roundtable — and the industry.

The advantages a public company has in buying open banks outweighed the relatively low pricing of its initial public offering, National Bank Holdings CEO Timothy Laney said on its first day of trading.

Fannie Mae is telling small lenders and servicers that it will cap the volume of loans they can sell to the government-sponsored enterprise based on their net worth and other factors, National Mortgage News has learned.

The Alabama lender says it intends to lower fees and relax repayment terms in response to customer feedback, not criticism from consumer groups.

The Federal Reserve Board has terminated written agreements with Capital Community Bancorp. in Provo, Utah, and Coconut Grove Bank in Miami.

The Cincinnati company will continue to sponsor Roush Fenway Racing next year, despite the abrupt departure of Matt Kenseth.

Tim Pawlenty is hardly the first prominent politician to turn into a bank lobbyist. Indeed, there's a long line of them.

Richard Cordray, the director of the Consumer Financial Protection Bureau Director, suggested that lenders should not be overly concerned about potential legal liability for making so-called "qualified mortgages."

Oak Bank of Chicago plans to use the Premier core processing platform, as well as Fiserv products for mobile banking, branch capture and merchant source capture.

Several merchant groups are asking members of Congress to hear their opposition to the swipe-fee settlement announced in July.

Industry observers have commended the Walla Walla, Wash., company for righting the ship after it was hammered by exposure to bad construction loans. But now investors are wondering how it will grow in a weak economy.