As it expands its range of services to serve a footprint dominated by troubled banks, City National is charting a recovery and preparing for more complex reporting requirements. That’s where a new tech strategy comes in.

Fentura Financial Inc. in Fenton, Mich., has named new leadership for its board following the resignation of its chairman.

Democratic Sen. Jack Reed is pushing to tighten a five-year-old law that prohibits lenders from charging members of the military more than 36% interest on certain loans.

Denial, community pressures and pricing issues are some of the reasons more banks aren't selling. That cannot last forever, a roundtable of analysts told American Banker.

PNC Financial Services will not need to issue additional shares of common stock to complete its $3.45 billion acquisition of RBC Bank USA, the Federal Reserve Board said.

Residential real estate prices dropped more than forecast in the year ended September, showing the industry at the center of the 2008 financial crisis continues to struggle.

It's hard to pin down precise numbers, but anecdotal reports in news outlets across the country suggest that hundreds of thousands of Americans responded to "National Transfer Day" campaign by switching their deposits from major banks to credit unions.

The Nasdaq has warned Broadway Financial Corp. that the company is in danger of being delisted from the exchange.

BATTLE CREEK, Mich. – Omni Community CU plans to open a branch in Kalamazoo, its seventh branch overall, in December at a site that once housed the Access First FCU branch.

WATERLOO, Iowa – Veridian CU opened a new branch in Coralville, the credit union’s 27th branch and second new facility in the past few months.

GLENDALE, Ariz. – Alaska USA FCU said has agreed to build a data center in north Glendale in 2012.

The companies said in a press release Monday that "irreconcilable differences of opinion regarding a number of matters" had developed and, as such, the boards had decided to terminate their agreement.

Hedge fund Hildene Capital fights carve-out agreement, arguing that if BankAtlantic wants to sell most of its assets, the buyer has to assume its debt.

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First National Community Bancorp Inc. in Dunmore, Pa., has turned to Steven R. Tokach, a community banking veteran and a former examiner with the OCC, to help it resolve its ongoing accounting woes.

BarclayCard and Visa Europe will facilitate contactless payments in the arena during the Summer Olympics and other major events.

Toronto-Dominion's U.S. bank is slowly carving out a wider wedge of the tumultuous market for retailers' credit cards.

Throughout his career, Barney Frank was unapologetic about his strong positions, but his legacy will be his ability to work the legislative process to his advantage.

During the last century, economic growth in the United States was unparalleled. A large portion of that growth came from the explosion of capital formation for small companies. It is high time that America gets back to that future.

Several community banks have decided to forgo an appeal of decisions by major stock exchanges to delist their shares, deciding the benefits of a listing aren't worth the cost of the fight.