Finance

BCB Bancorp will pay $20 million for Indus American Bank, a New Jersey institution that focuses on the South Asian-American business community. Indus American lost a total of $2.5 million in 2015 and 2016.

The Louisiana company, which fired its CEO earlier this year, has been paying a hefty dividend on funds it obtained from the Treasury Department in 2011.

The Montana company has agreed to buy Columbine Capital in a deal that will add five branches and $330 million in loans in Colorado.

The accounting board has scheduled a meeting that bankers hope will produce eleventh-hour modifications to reserving requirements.

Citizens Financial is going out of market to find midsize businesses in need of credit or advisory services in uncertain times. It is a good example of the resiliency that regional banks are showing amid softer loan demand, Washington gridlock and still-low interest rates.

The expansion of the Federal Reserve’s portfolio of Treasury debt and mortgage-backed securities has a bigger impact on the credit markets than paying banks interest on excess reserves.

Contrary to others’ opinion, interest on excess reserves is part of the Federal Reserve’s monetary policy that serves to reduce volatility and encourage growth.

A controversial bank merger in Kansas City is likely to catch the eyes of credit union watchers as NCUA considers new rulemaking surrounding disclosures of incentives offered to board members and executives at merging CUs.

Former Inter-State Federal account holders believe they were shortchanged by the Missouri mutual's merger. A ruling in their favor could give depositors more power and could undermine what it means to be a mutual.

Dan Morehead’s Pantera Capital Management, which calls itself the first U.S. bitcoin investment firm, is buying other digital coins.

The Louisiana company's board has made it clear that independence is "not a God-given right" and wants new management to address energy loan issues, underwriting, capital and expenses.

Merchant acquirers are racing to sell "integrated payments," or a one-stop shop for transaction processing and myriad other services that stores can tie to the point of sale. But small to medium sized businesses are not often the targets for these efforts.

The New York company, which plans to raise about $40 million by going public, could also use the funds to make acquisitions.

More than half of the company's loans and deposits would be in the Atlanta area after it buys Resurgens Bancorp.

Readers weigh in on the in-store branch model, how community banks hone their message, the difficulty cash-strapped consumers face in finding bank loans, and more.

Fed Gov. Jerome Powell says central bank will provide more information to banks about how it conducts annual tests; bank CTO discusses its 2018 blockchain test.

Citigroup joined B of A and JPMorgan in predicting double-digit declines for second-quarter trading revenue. The situation adds to the many revenue challenges facing banks.

GrandSouth Bancorp's issues with floor-plan loans to car dealers serve as a reminder of another pitfall in auto lending besides consumer loans.

New York Mayor Bill de Blasio and Comptroller Scott Stringer are pushing to prevent the city from hiring Wells Fargo to lead bond sales or handle other banking business until it improves its track record of lending in poor communities.

Financial Institutions in Warsaw, N.Y., has replaced earlier plans for a typical stock sale with an at-the-market program.