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The $364 million-asset company named Steve Rownd to the positions, effective Jan. 1. Rownd will also be named president and CEO of FNB Bank.

Issues with upgrading software and ensuring pricing accuracy to comply with the consumer bureau's "integrated disclosures" have been magnified in wholesale loan transactions.

The board of Pascack Bancorp in Waldrick, N.J., spent years debating whether to sell the company or remain independent.

Roy Barnes, a former Democratic governor of Georgia, and his brother have agreed to buy WestSide Bank in Hiram, Ga., for $3 million.

Total loans at federally insured credit unions reached $769.5 billion at the end of the third quarter of 2015, a 3.3% jump from the second quarter; and a 10.7% surge from the third quarter of 2014, according to statistics released by NCUA.

Legislative proposals to reform the housing finance system have failed to garner enough support, but a surprisingly simply reform idea is in plain sight: deeper private mortgage insurance coverage.

If a forum hosted by the Treasury Department this week on economic inclusion showed anything, it was that bankers, financial technology firms and policymakers continue to struggle with how to bring more people into the financial mainstream.

Attempts to sneak provisions into a final budget deal may be sold as helping community banks, but many of the measures really help big banks and undermine consumer protection.

Apple Inc. is reportedly working with Boku to bring a carrier billing option to iTunes users in Russia.

Lake Sunapee Bank Group in Newport, N.H., has exited the Small Business Lending Fund.