Texas

Comerica Inc. said Wednesday that it will take a $4.7 million charge in the fourth quarter to cover costs of the early redemption of $500 million of trust-preferred securities.

An inventor claiming to hold a patent on nonfinancial functions delivered through automated teller machines is stepping up his legal dispute with Cardtronics Inc.

New Century Financial is taking the concept of trying to succeed where others have failed to an extreme. The commercial finance company, based in The Woodlands, Texas, filed a de novo bank application in July with state officials at a time when startup banks are nearly extinct.

San Antonio Federal Credit Union in Texas has acquired Mountainside Financial, a broker for mobile and manufactured home lending.

American Home Mortgage Servicing Inc. of Coppell, Texas, faces charges by Texas investigators of using unlawful and aggressive collection tactics and improperly misleading homeowners, according to Attorney General Greg Abbott's office.

About 32%, or 47, of the 146 banks that acquired a failed bank from Jan. 1, 2009, through Aug. 19 of this year have recorded a net bargain-purchase gain from the failed bank's assets.

Heartland Bank of Gowrie, Iowa, has agreed to use check processing software from Integrated Bank Technology Inc.

After four consecutive months of increased sales, the market hit the skids in July, according to the local Realtor group.

MetLife Inc.'s home loan unit has hired two former executives from Sovereign Bank to manage its new warehouse lending division.

A Houston mortgage brokerage with 200 branches nationwide said it agreed to pay a $38,000 fine to settle alleged violations of Federal Housing Administration branching rules.

Transaction Network Services Inc. said Monday that it will supply gateway services for Continental Airlines Inc. to process payments for reservations made online.

Cardtronics Inc. said Monday that Scotiabank Group has agreed to put its name on 200 automated teller machines owned and operated by Cardtronics.

NexBank of Dallas has launched a mortgage warehouse lending division, offering lines of credit of up to $10 million to nondepositories.

USAA Federal Savings Bank is shifting mobile banking into high gear by offering auto loans through customers' phones.

Strong transaction volume and a growing presence abroad contributed to surging second-quarter profits at Cardtronics Inc.

Cardtronics Inc. has struck a multiyear deal to manage automated teller machines at about 800 Kroger Inc. grocery stores.

Chase Paymentech Solutions LLC will offer a New York startup's mobile coupon technology to its merchant customers under an agreement the companies recently finalized.

Encore Bancshares Inc. in Houston said Friday that it lost $12.7 million in the second quarter, compared with net income of $821,000 a year earlier.

NetSpend joins Green Dot as the second prepaid card company planning to go public this year, potentially setting valuation benchmarks for this maturing market.

Shares of Alliance Data Systems Corp. may be overvalued and could fall if the U.S. economic recovery stalls and the government tightens credit card regulations, according to the business newsweekly Barron's.