A report released by Republicans on the House Financial Services Committee accuses the CFPB of willfully overstepping the law to punish indirect auto lenders for alleged discriminatory practices that, the report says, are fair business.

The Federal Deposit Insurance Corp.'s third-quarter industry update pointed to signs of banks expanding their risk profiles despite slow revenue growth.

Charles Cook will retire next year as chairman of Truxton Corp. in Nashville, Tenn.

Bryan Sullivan, the CFO at LoanDepot, talks about its growth prospects without fuel from an initial public offering, how getting consumers to opt for home equity lines of credit is tough, and why he considers the nonbank a disruptor.

Hanmi wants to make sure that, when the dust settles, it is part of the nation's biggest Korean-American bank. The move also shows how difficult it will be for ethnic banks to gain meaningful scale while sticking to their niche groups.

First Financial Northwest in Renton, Wash., has filed for permission to adopt a commercial bank charter.

Quicken Loans, the company that showed a mortgage business can operate successfully without face-to-face interaction with borrowers, is now giving customers the option to work without human loan officers.

Huron Valley State Bank in Milford, Mich., plans to raise as much as $5 million to grow its two-branch business.

Two online lenders associated with Indian tribes have won the dismissal of a lawsuit that alleged the companies were operating in violation of Maryland law.

On the first day Citizens Financial started financing iPhones it made more new loans than any bank ever did on one day, the head of the company’s consumer lending said.

Two Ohio auto dealers agreed Tuesday to settle Federal Trade Commission charges that they tricked consumers with advertisements touting low monthly care lease payments while not disclosing important terms of the offers - including credit score requirements.

A TransUnion analysis has found that credit card loyalty remains intact despite enticing offers and higher spend during the holiday shopping season.

The head of the Independent Community Bankers of America fires a legal warning at NCUA and says relations between the two industries has never been more strained.

BNH Financial in Laconia, N.H., has agreed to buy Community Guaranty in Plymouth, N.H.

Blue Ridge Bankshares in Luray, Va., has issued $10 million in subordinated debt and plans to exit the Small Business Lending Fund.

U.S. bank earnings increased 5% in the third quarter from a year earlier to $40.4 billion as a “few large banks” recorded lower litigation expenses, the Federal Deposit Insurance Corp. said Tuesday.

The Consumer Financial Protection Bureau has updated its regulatory agenda and now expects pre-rule activities for debt collection to last through February 2016.

Bank of the James Financial Group in Lynchburg, Va., is planning to raise about $11.5 million through a private placement.

The rapid growth of competition from nonbanks has the potential to hit community banks harder than the mortgage meltdown.

MainSource Financial Group in Greensburg, Ind., has agreed to buy Cheviot Financial in Cincinnati.