Delinquencies are rising among the sector's less creditworthy borrowers, which is contributing to smaller returns for investors. This sets up the first major test for an industry that blossomed during a period of unusually low defaults.

The Independent Community Bankers of Minnesota said Jim Amundson will be its next president and chief executive.

The Sixth Circuit recently upheld an Ohio federal court's decision to throw out a Telephone Consumer Protection Act suit brought by two hospital patients.

Two big Canadian banks reported quarterly results on Thursday.

Preparing for the inevitable future credit crisis by setting aside more loss reserves is a step toward avoiding government bailouts.

Professional race car driver Scott Tucker has pleaded not guilty in New York to charges in a payday lending scam.

Though bank analysts like Matthew Schultheis generally expect M&A activity to continue at a brisk pace for several years to come, stock market volatility could prove to be an issue for potential dealmakers in the near term.

County Bank, the holding company for the $324 million-asset Lapeer County Bank & Trust, said in a press release that it will pay $20 million, or $27 a share, in stock for the parent of the $245 million-asset CSB Bank.

Debt held by consumers in the U.S. as they age is rising, according to an analysis by the Federal Reserve Bank of New York.

Community banks can't win on size, but their values give them an upper hand in competing against cookie-cutter megabank branches.

Though bank analysts like Matthew Schultheis generally expect M&A activity to continue at a brisk pace for several years to come, stock market volatility could prove to be an issue for potential dealmakers in the near term. With a lower stock price, buyers may end up not being able to pay as much as sellers now expect, says Schultheis, who covers the financial services sector for Boenning & Scattergood. Here’s his outlook on bank M&A, including the number of deals he anticipates will happen this year and whether big banks might be among the buyers.

Kopernik Bank and Liberty Bank of Maryland, both mutual thrifts in Baltimore, have agreed to merge. No money would change hands given the mutual-ownership structures involved in the deal.

Moven, one of the most talked-about startups of the fintech boom, is looking to spread financial education to the self-employed.

Green Dot reported a larger fourth-quarter loss on higher employee compensation costs and said it will book an extra $11 million in expenses to roll out a new card product.

A day after Consumer Financial Protection Bureau Director Richard Cordray told financial industry executives that Congress did not intend to exempt small institutions from most rules, several lawmakers begged to differ.

The private-banking prowess of newly acquired City National was the steadying influence Royal Bank of Canada needed amid global and domestic economic shocks in its latest quarter.

Carolina Alliance Bank in Spartanburg, S.C., has exited the Small Business Lending Fund program.

Commercial bank clients are increasingly looking to replace physical corporate cards with virtual ones to streamline bookkeeping and limit risk. The adoption of such solutions is a good sign for mobile payments overall.

The precedent set in the ongoing battle between Apple and the FBI over custom access to a device in question opens up unsettling risks on privacy and security.

Sandhills State Bank in Bassett, Neb., has agreed to buy Bank of Keystone in Keystone, Neb.