As the interest-rate can gets kicked down the road once again, PNC Financial Services Group's Bill Demchak plans to play along.

It has been more than a year since Monterey Credit Union submitted paperwork to become a state-chartered bank. Have regulators "raised the price of admission" by insisting on healthier metrics from credit unions?

Wells Fargo posted a third-quarter profit that beat analysts’ estimates on gains in interest income from asset purchases and new loans.

A breakdown of M&A announcements in the financial services industry for the week ended October 10.

Community Bank Holdings of Texas in Corsicana has agreed to buy StarBanc Holding in Fort Worth.

Madison County Financial in Madison, Neb., has bought a bank and insurance agency in Winside, Neb.

Executives at United Community in Georgia say they have a list of 50 targets as the company nears $10 billion in assets. A large transformative deal would also be considered.

IDology, an Atlanta provider of fraud-prevention and identity verification, has made an equity investment in the mobile identity authentication provider Payfone.

The North Carolina company had worked hard over the last five years to address credit issues and return to acquisitions. In the end, the company agreed to sell itself for a healthy premium to the state’s biggest community bank.

Wells Fargo agreed to buy about $32 billion in assets from General Electric and take on about 3,000 employees as the industrial giant retreats from financial services.

Hamilton Bancorp in Towson, Md., has agreed to buy Fraternity Community Bancorp in Baltimore for $27 million in cash, or $19.25 a share. The deal is expected to close in the second quarter.

Yadkin Financial in Raleigh, N.C., has agreed to buy NewBridge Bancorp in Greensboro, N.C.

The $6.1 billion-asset TowneBank acquired Invincia Insurance Solutions in Chesterfield, Total Insurance Planning in Midlothian and B.H. Baird Insurance in Warsaw.

Cullen/Frost Bankers will consolidate about 175 employees at a new office tower in Fort Worth, Texas, for which it will also be the anchor tenant.

Congressional Bancshares in Bethesda, Md., has received regulatory and shareholder approval to acquire American Bank in Rockville, Md.

Security Bancorp prefers the local feel of having six banks in western Tennessee, even if it leads to more regulatory burden.

Turmoil in energy markets significantly influenced the sale of Tradition Bancshares in Houston.

The Federal Reserve Bank of New York has appointed a new leader of its bank supervision arm, the bank announced Thursday.

Allegiance Bancshares expects to raise about $54.6 million in its initial public offering, as the Houston company priced the offering more than two years after expressing interest in going public.

The Pennsylvania company said in a recent filing that its board also looked at succession planning, service provider relationships, board expansion and financial forecasts before seeking bids and agreeing to sell to F.N.B. Corp.