Despite the loss of some advantages under Dodd-Frank, the grandfathered unitary thrift holding company still offers more flexibility than the financial holding company variant.

The $3.6 billion-asset thrift company said this week that its lender, U.S. Bank, has given it another six months to repay a $116.3 million loan that was due to be paid off May 31.

Republic Bancorp Inc. in Louisville is exiting the Bowling Green, Ky., market and selling its branch there to a local rival.

Tennessee Commerce Bancorp Inc. in Franklin will not be required to restate its 2010 earnings after all, but it is under orders to boost its capital ratios.

Xenith Bancshares Inc. of Richmond, Va., is adding market share in its hometown with a deal to acquire the lone Virginia branch of Paragon Commercial Bank in Raleigh, N.C.

BankUnited Inc. of Miami Lakes, Fla., is expanding into the New York market with a deal to acquire Herald National Bank for $71.4 million in cash and stock.

The CEO and founder of the company behind the "wealth-building" program “Winning in the Cash Flow Business,” has been charged by the Federal Trade Commission with defrauding consumers.

INDIANAPOLIS – Crane FCU has joined Credit Union Centers’ shared branch network, allowing its members access to more than 4,200 networked branches across the country, including 275 in Indiana and Illinois.

MANHATTAN BEACH, Calif. – Kinecta FCU, already the biggest check cashing outlet in Southern California, said it is opening a new mortgage center in nearby Newport Beach to fuel its expanding home loan business.

Rep. Darrell Issa, the chairman of the House Oversight Committee, is calling Elizabeth Warren back to the Hill for a second hearing following a dispute with a subcommittee chairman last week.

New York State is considering legislation that would carve out an exception for check cashers from its 25% cap on interest rates for short-term loans, a move consumer advocates say is a backdoor attempt to allow payday lending in the nation's third-most populous state.

BankAtlantic, the Fort Lauderdale, Fla., subsidiary of BankAtlantic Bancorp, plans to release a mobile banking application for smartphones that run Google's Android software.

I've found that one of the great things about being in the banking industry is that it gives us both opportunity and reason to learn about how various businesses operate.

Witnesses at a House Small Business Committee hearing Wednesday told lawmakers that a harsh regulatory environment continues to restrict access to credit for small businesses.

Home BancShares Inc. in Conway, Ark., said it recovered $4.4 million in chargeoffs booked in the fourth quarter.

There are plenty of reasons for dire predictions about the community banking sector, but one in particular is receiving less attention than it deserves: Bank operating revenue has been declining for more than a decade.

U.S. consumers filed an estimated 568 lawsuits against collection agencies and creditors between May 1-15, according to statistics from U.S. District Court branches.

Bridge Bancorp in Bridgehampton, N.Y., said late Friday that it had completed its $6.3 million acquisition of Hamptons State Bank of Southampton, N.Y.

Less than six months after completing its first bank acquisition, First General Bank in Rowland Heights, Calif., has struck another deal.

First BanCorp in San Juan, Puerto Rico, said Tuesday that it struck an agreement under which the private-equity firm Thomas H. Lee Partners LP may buy $180 million of the company's common stock.