Rheo Brouillard, a longtime director at Bankers' Bank Northeast, was tapped to succeed Ralph Shulansky, who died of a heart attack last month.

Credit Suisse may be facing a probe by the Department of Justice over the company's sale of securities backed by residential mortgages, Reuters reported Friday, citing people familiar with the matter.

Take the Federal Housing Administration out of HUD and put it under a commission. A self-funded, independent government corporation would be a major step toward comprehensive housing finance reform.

Michael Crowley Jr., the chief executive at Bank Mutual in Brown Deer, Wis., is stepping down after 45 years with the company.

CO-OP Financial Services hopes the model used in one of the oldest staples of credit union cooperation, the shared branch, can drive new digital commerce innovation such as person-to-person payments and mobile remote deposit capture.

Most large banks are competing to build bigger and better branches, but HSBC is betting that smaller is smarter.

Seacoast Commerce Bank in San Diego has named David Bartram its new chief operating officer.

U.S. banks are looking to capitalize on a dearth of financing for Europe's commercial property market that's driven lending margins to five times the level prior to the 2008 crisis.

Royal Bank of Scotland Group will signal next week it plans to sell a 15% to 25% stake in Citizens Financial Group in Providence, R.I., according to a person familiar with the plan.

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Prepaid card issuer Green Dot (GDOT) has extended its payment processing contract with Total System Services (TSS), the prepaid company disclosed in a Securities and Exchange Commission filing Friday.

Lead Bank in Garden City, Mo., plans to expand the range of services it offers by becoming a state-chartered trust company.

The payments network will now allow merchants to offer discounts to customers who use specific cards, as new CEO Charles Scharf rethinks how Visa does business.

Ken Lehman is buying outsized stakes in community banks, using his personal funds and often introducing himself to CEOs with a direct phone call.

The number of community banks under enforcement actions fell in January, as the Federal Deposit Insurance Corp. ended 16 orders and issued five on the month.

JPMorgan Chase (JPM) is raising another round of questions about a lawyer who works for the New York attorney general, which has sued the company over the mortgage conduct of Bear Stearns.

Startups are trying to reinvent the much-maligned payday loan, using Big Data to develop algorithms that can better predict who will default so they can cut the price of short-term, small-dollar credit. But consumer advocates continue to object to these products. Banks have an opportunity to partner with these new entrants, but reputational risk may discourage them from doing so.

First South Bancorp in Washington, N.C., is purging a series of bad loans.

Bank of Commerce Holdings (BOCH) in Redding, Calif., has elected two directors after the death of its chairman.

Shareholders of NewBridge Bancorp (NBBC) have authorized a series of changes to the Greensboro, N.C., company's stock related to a recently completed $56 million capital raise.