A few years after a pair of high-profile failures pared their ranks and damaged their credibility, bankers' banks are seeking to overcome weak loan demand by becoming trusted advisors to small institutions.

Robert T. Isham, who has a private practice in nearby Lake Bluff, succeeded Willard Bunn 3rd as the board's new leader, the bank said on Wednesday.

Orrstown Financial Services (ORRF) is in the market for a new chief operating officer, adding to the list of vacated posts at the struggling company.

A federal judge has thwarted efforts by African-American consumers to proceed with a class-action lawsuit against Option One Mortgage in which the plaintiffs alleged that they were charged higher fees on home loans than white borrowers were.

Every consumer should have access to a low-cost, full service bank account that helps them make necessary payments, manage cash flow and avoid ancillary fees.

A law firm that won an $8.5 billion settlement from Bank of America tied to faulty mortgage bonds said Wells Fargo and Morgan Stanley failed to service $73 billion of similar securities.

Lynn Harton has held key titles at South Financial, Regions Financial and BB&T. As South Financial's CEO, he helped orchestrate the South Carolina company's sale to TD Bank.

Several well-known U.S. banks and credit card companies call themselves "global." During a two-week vacation in Thailand, an American Banker editor put their claims to the test.

Wintrust Financial (WTFC) has agreed to buy HPK Financial, the parent of Hyde Park Bank and Trust.

A simpler calculation isn't necessarily the right one. If a capital ratio misrepresents a bank's risk or creates incentives to take on more of it, simple is scarcely an improvement.

Real estate values in some Detroit neighborhoods are surging as the state's automobile industry recuperates and investors flip bank-seized properties.

CLEVELAND – Cardinal Community CU is opening a branch at Lake Catholic High School.

Federal Reserve Bank of New York President William C. Dudley said the central bank's new stimulus is vital for boosting "unacceptably slow" improvement in economic growth.

Lending for mortgages dropped in 2011 as refinancings declined and many borrowers relied on loans backed by the Federal Housing Administration, according to bank regulators' 2011 data on housing loans.

Cullen/Frost Bankers will close four branches in the Rio Grande Valley this fall. The company gained the branches after it bought the parent company of the $401 million-asset Alamo Bank of Texas in 2006.

New HMDA data show FHA- and VA-supported loans holding a huge share of the market as overall home loans and refis are still on the decline.

FirstMerit's deal for Citizens Republic in Michigan sent a message that acquisition prospects in Chicago are weaker than first thought — and deal forecasters back to the drawing board.

Fannie Mae has named the former chief litigation counsel for Pfizer (PFE) as its general counsel and corporate secretary.

While deposit-driven financial institutions, at best, could use small-dollar loans to bring in customers who would later purchase other products, installment lenders have been successfully serving underserved communities for close to 100 years.

Though banks have always measured customer satisfaction, there is a greater focus now on understanding exactly what drives the customer experience and how it can help the bottom line.