Cascade Bancorp in Bend, Ore., announced this week that President and Chief Executive Officer Patricia L. Moss has notified its board that she intends to retire in July of next year.

The pressure is on Comerica CEO Ralph Babb to prove the deal, which closed Thursday, was worth it. American Banker offers him some free talking points.

U.S. consumer bankcard delinquencies hit a record low in June, while charge-off rates also improved again.

Bolstered by its acquisitions of two failed banks, Columbia Banking System Inc. in Tacoma, Wash., said Thursday that it earned $8.6 million in the second-quarter, an increase of 119% from the same period last year.

Hell-bent on protecting its dominant share of the U.S. debit card market amid new regulations, Visa Inc. introduced pricing incentives for merchants to route more transactions over its network.

Aided by growth in its residential mortgage portfolio, Valley National Bancorp in Wayne, N.J., reported a profit of $36.9 million in the second quarter, up 12% from the same period last year.

The Federal Reserve on Thursday announced written agreements with four banks, including the $2 billion-asset Old Second Bancorp Inc. in Aurora, Ill.

If banks can track borrowers' interest rates and terms, how hard can it be for them to track which borrowers are serving in the military?

Consumers filed an estimated 524 consumer statute lawsuits in the first half of July, down from 567 in the second half of June.

Tennessee Commerce Bancorp has come up with a novel solution for settling a past-due loan made to another bank holding company: forgive the loan and take control of the borrower's two subsidiary banks.

Diebold said it is providing automated teller machines that will improve security at 100 BB&T locations.

Federal banking regulators are preparing guidance to address issues if the debt ceiling is not raised before Aug. 2, while large bank CEOs are calling for action.

United Community Banks Inc. is finally back in the black after it unloaded scores of problem assets and raised $380 million of fresh capital.

Cards payments processor Heartland Payments System Inc. on Thursday said it expects its 2011 earnings to be higher than it previously forecasted after reporting a jump in second-quarter profit and sales.

Foreclosure activity decreased on a year-over-year basis in 178 out of the nation's 211 metropolitan areas with a population of 200,000 or more, according to RealtyTrac, an online marketplace for foreclosure properties.

Eagle Bancorp Inc. in Bethesda, Md., has agreed to acquire Alliance Bankshares Corp. in Chantilly, Va.

JK Harris Co., a tax representation firm based in Charleston, S.C., will pay to settle claims by West Virginia's attorney general's office that it misled consumers about its tax-dispute resolution services.

IberiaBank Corp.'s shares plunged Wednesday after a litany of charges cut into the banking company's second quarter earnings.

BankAtlantic Bancorp Inc. returned to profitability in the second quarter due largely to its 19-branch sale to PNC Financial Services Group Inc.

First PacTrust Bancorp Inc. in Chula Vista, Calif., said Wednesday that it raised an additional $542,500 from a common stock offering after its underwriters exercised a small portion of an overallotment option.