Chemical Financial in Midland, Mich., has agreed to buy Talmer Bancorp in Troy, Mich.

A federal appeals court will hear the case of mortgage lender PHH Corp. v. CFPB on April 12, a case the collection industry will be closely watching.

Steve Streit, who founded the prepaid card pioneer in 1999, is taking fire from an investment firm that owns 6.2% of the company.

Bank of America and nine other banks have agreed to pay about $63 million to settle claims they misled the state of Virginia into buying faulty residential mortgage-backed securities.

The $13.8 billion-asset company said Monday after the market closed that it earned $21.2 million, down roughly 26% from a year earlier.

Enterprise Financial Services in Clayton, Mo., has acquired a $21 million loan portfolio as part of its formation of an aircraft financing unit.

Sun Bancorp in Mount Laurel, N.J., has agreed to pay $25,000 to resolve issues connected to the company’s former Sun Home Loans division.

Banks are looking to beef up ease and convenience in P-to-P payments to avoid being reduced solely to back-end payments processors for fintech startups.

Cape Cod Five Cents Savings Bank in Orleans, Mass., has agreed to buy a branch in Falmouth, Mass., from Mutual Bank.

Bank of New York Mellon has become a big believer in reverse mortgages, particularly home equity conversion mortgages insured by the Federal Housing Administration.

Bank of Hawaii in Honolulu said Monday that its fourth-quarter profit rose 3.98% to $42.8 million from a year earlier as loan growth offset lower fee income.

NEW YORK — Despite crippling amounts of snow from behemoth winter storm Jonas, most credit unions are operating relatively normally, according to leagues in some of the hardest-hit states in the Eastern U.S.

PNC Financial Services Group in Pittsburgh has tapped Karen Larrimer to lead its retail banking division.

Ag lenders enjoyed solid credit metrics and an increase in farms loans in 2015. Those results could come under pressure this year, requiring bankers to become more vigilant in talking to their agricultural clients.

Discover Financial Services is making an aggressive new bid for consumers who can't qualify for a traditional credit card.

The $465 million-asset bank in Athens, Ga., has named Rhodes McLanahan CEO and president.

Maria T. Vullo, formerly New York's executive deputy attorney general for Economic Justice, was nominated by Gov. Andrew Cuomo to serve as superintendent of a state agency that has played a key role in cracking down on debt collectors.

Visa has nabbed an executive from the media company Time Inc. to be its chief marketing and communications officer.

Nomorobo, a startup that blocks telemarketing calls, earned an endorsement from telecom giant Time Warner Cable Inc., which recently announced it will provide its phone customers easy access to its third-party robocall-blocking service.

United Community Financial in Youngstown, Ohio, has agreed to buy James & Sons Insurance.