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Bank Mutual in Milwaukee has agreed to support an activist investor's nominee to its board.

Texas Capital Bancshares in Dallas has named TSYS Chief Information Officer Patty Watson to its board.

Patricia Watson joined the board of the $19 billion-asset Texas Capital on Friday. Watson has been chief information officer at TSYS, a payments processor based in Columbus, Ga., since September.

There's nothing like the threat of a corporate relocation to prod government economic development officials into action.

OnDeck Capital in New York reported a $5.1 million loss in the fourth quarter as revenue failed to keep pace with rising expenses.

The affordable housing market has dried up in major cities across the country. In response, regulators and lenders are looking into new programs to get people back into single-family homes while also exploring ways to encourage multifamily developments.

The Treasury Department will invest an additional $2 billion from the Troubled Asset Relief Program into a federal fund that seeks to protect homeowners from foreclosure.

When Andrew Samuel joined Sunshine Bancorp in 2014, it had a casual culture where growth wasn't a big focus. Less than two years later, he has turned the company into a commercial bank with growth — and acquisitions — firmly in its future.

For all the technology banks have to help them deliver personalized service, the overall customer experience remains a challenge.

Bank of America launches a 3% down payment home loan in partnership with Freddie Mac, but the bank won’t retain any risk if the loans default. That’s because it will immediately will sell the loans and servicing rights to Self-Help Federal Credit Union.