Ohio

The creation of the Consumer Financial Protection Bureau was widely expected to centralize regulation of payday and other high-cost loans in Washington. It hasn’t worked out that way.

The Cleveland company reported higher investment banking income and kept many expense items in check during the second quarter.

The Senate bill, designed to close a loophole in the state's interest rate cap and was closley monitored by the Ohio Credit Union League, must still be reconciled with a similar measure that was passed by the Ohio House of Representatives.

The Senate bill, designed to close a loophole in the state's interest rate cap, must still be reconciled with a similar measure that was passed by the Ohio House of Representatives.

The regional bank's move is part of an industrywide transformation of call centers and operations centers to handle more complex tasks and trim costs.

After the Cincinnati bank started a personal assistant service for new mothers, it learned new parents needed help with budgeting, and that motivated it to team up with a Goldman Sachs firm to establish a financial wellness program for all its employees.

The leader of an Ohio mutual is urging his peers to follow the lead of credit unions by forming groups to share technology and collaborate on lending and deposit gathering.

Current CEO Bill Butler will retire in June 2020, at which time COO Christy O’Connell will take the helm.

A number of banks are upgrading technology and hiring more lenders to better reach small-business owners, who are becoming more confident in their outlooks.

Forcht Bancorp in Corbin, Ky., has agreed to buy Watch Hill Bank for roughly $27 million in cash.