The president and chief executive of Town & Country Bank and Trust in Bardstown, Ky., is reportedly stepping down.

The Federal Home Loan banks' Office of Finance said members are borrowing more, yet net income for the system fell from the previous year.

Aquesta Bank (AQFH) in Cornelius, N.C., has formed a holding company.

As American manufacturers see more opportunities to sell their wares in China, banks are vying hard for their business.

The Small Business Administration is changing some of its lending rules to expand access to its two main programs.

Diebold is partnering with the $5.5 billion-asset Suncoast CU to test an ATM that reuses consumer-deposited cash for future withdrawals. Tampa, Fla.-based Suncoast is the first financial institution in the U.S. to test the technology.

Three defendants charged in a multimillion-dollar telemarketing fraud scheme agreed to court-issued preliminary injunctions that will shut down the operation. The court also imposed a preliminary injunction against the final defendant, Ari Tietolman and his companies.

One of the two banks suing retailer Target and security vendor Trustwave in connection with the retailer's high-profile data breach has backed off.

The city lacks recourse and thus seeks help from the state legislature to collect the delinquent accounts.

Community banks are considering issuing their own credit cards as a way to protect their customer relationships and bring in fee income.

Small banks' increased compliance costs could lead to fewer relationship managers, streamlined service models and increased costs of credit. As such, many small business and middle-market customers may simply choose to take their business elsewhere.

Farmers National (FMNB) in Canfield, Ohio, has finally reached a separation agreement with a chief executive it ousted six months earlier.

The private student loan default rate dropped to 3.4% in the fourth quarter ended December 31 and will continue to decline in 2014, according to Moody's Investors Service. But

To make the process fairer to small banks, regulators should issue community bank summaries during the proposal stage, not when releasing final rules. They also should do more outreach to small banks and extend comment periods on major rules, writes the ABA's Hugh Carney.

Portland, Ore. residents who continue to dodge city's art tax may face collection actions.

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Hudson Valley Holding (HVB) in Yonkers, N.Y., announced Friday that the chief administrative officer of its bank is leaving to take the helm of a New York trust.

The Federal Deposit Insurance Corp. issued two consent orders and terminated 21 enforcement actions in February, according to its latest roundup of regulatory orders.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

The Minnesota-based regional bank once invested in community banks but is pulling back from that strategy, as the recent sale of its shares in a Virginia institution illustrated.