Families that use state-issued EBT cards often face ATM fees that eat away at their already-meager incomes. Banks should waive those fees in order to ensure that all public assistance dollars go toward household needs.

A Kentucky town has filed for bankruptcy, the result of a contract dispute with a local company. It became the first municipality to file for bankruptcy since Detroit did so two years ago.

A Kentucky town has filed for bankruptcy, the result of a contract dispute with a local company. It became the first municipality to file for bankruptcy since Detroit did so two years ago.

First Financial Northwest in Renton, Wash., has added a former Sandler O'Neill investment banker and a PacWest Bancorp director to its board.

Santa Cruz County Bank in California has named Angelo DeBernardo its chief lending officer.

Cecil Bancorp in Elkton, Md., has been ordered by federal regulators to raise more capital or sell itself.

First Horizon National in Memphis, Tenn., is giving itself another two months to complete its purchase of TrustAtlantic Financial.

United Bancshares in Columbus Grove, Ohio, has resolved a looming hole in its lineup — chief financial officer. Anthony Eramo will start Sept. 5 as CFO of the $629 million-asset company and its subsidiary, Union Bank Co.

Wells Fargo is touring music festivals, rodeos and other local events around the country with an Oculus Rift headset consumers can try on, part of a trend of banks using unconventional tactics to promote their brands.

Nothing touches off an argument more than questions about whether the CFPB will allow any marketing services agreements to continue. Some mortgage lenders say no and are winding down their agreements, others insist regulators can be satisfied, and still others are just plain confused.

The global loan platforms present an extreme example of the ongoing clash between the fast-moving financial technology sphere and the staid world of financial regulation.

As mobile wallets and other high-tech payment mechanisms proliferate, they bring with them more options for security. Companies are increasingly looking for ways to use devices' built-in cameras to urge consumers to take self-portraits for authentication.

First Business Financial Services in Madison, Wis., has named Michael Murphy its chief accounting officer.

A Jackson, Miss. city council member has floated a plan to have local police collect millions of dollars in overdue water bills.

Simmons First National in Pine Bluff, Ark., had a convenient "in" as it was looking to buy wealth management firm Ozark Trust and Investment Corp. in Springfield, Mo.

Prepaid cards appeal to a growing percentage of the population like millennials and other 21st century consumers who want to manage their money without being tied down to bank locations.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

MW Bancorp in Cincinnati is looking for a new chief financial officer.

WASHINGTON — Two California companies allegedly sold pension advance loans that they claimed were not credit products but in fact charged usurious interest rates, according to a lawsuit brought Thursday by the Consumer Financial Protection Bureau and New York regulators.

Roughly 20 banks still have capital from the crisis-era program. Most are way behind on dividend payments and have limited options to raise capital to repay the Treasury Department.