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Captex Bancshares, which has been created by George Lea and Michael Thomas Jr., has an agreement to buy the $165 million-asset parent of First National Bank of Trenton. Captex did not disclose how much it would pay for the acquisition, which is expected to close in the first quarter.

Wells Fargo has agreed to pay $187.5 million to settle claims by federal regulators that the megabank wrongfully opened unauthorized bank and credit card accounts for more than 2 million customers.

Wells Fargo has agreed to pay $187.5 million to settle claims by federal regulators that the megabank wrongfully opened unauthorized bank and credit card accounts for more than 2 million customers.

By utilizing the SimplyCredit solution, the New York-based credit union grew lending by 4% in three months.

Banks are making it easier to get approved for a checking account. But once-banished customers may not be able to use some of the features that made having an account attractive in the first place.

Effective August 16, the agency became known as Summit Insurance, a division of TCU Insurance Agency LLC.

It's the hot new address for an old Wall Street machine: 1209 North Orange Street. There, in Wilmington, Delaware, several giants of American finance have established powerful outposts.

The one thing payment terminal hardware makers should have been sure of this year was relatively strong demand from merchants finally upgrading to EMV-compatible equipment after the slow start last year to the U.S. chip-card migration. But that's not how it's turning out.

Without incentives to shoot higher, banks usually settle for "Satisfactory" on their Community Reinvestment Act exams, but many find that not getting a better grade has consequences.

The large marketplace lender is turning to everyday savers as it seeks to bounce back from a damaging scandal.