Michael Tierney will continue to tackle lingering mortgage problems at the Michigan company, which is also trying to expand more into commercial lending. Meanwhile, a key private-equity backer says is has no immediate interest to cash out of the company.

Wells Fargo is offering its retail customers free access to their credit scores between now and Nov. 15, a nationwide promotion overlaps with Get Smart About Credit Day.

The Federal Reserve Board has terminated enforcement actions against TCSB Bancorp in Traverse City, Mich., and Northeast Securities Corporation in Minneapolis.

Bank of Henderson has agreed to buy Harrison Bancorp. The Kentucky bank did not disclose the price, though Dale Sights, its president and CEO, said that he expects to complete the acquisition next month.

Storage and cloud computing company EMC has teamed up with the nonprofit National Cyber Security Alliance to offer consumers a tool for assessing their exposure to digital danger.

The Bedminster, N.J., bank holding company said Thursday that Douglas Kennedy will take over as chief executive on Oct. 9.

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First Marblehead in Boston has agreed to acquire certain assets and liabilities of Cology, a provider of student loan processing and servicing for more than 250 lenders, most of them credit unions.

The universal consumer demand for bill payment makes the service particularly well-suited to bringing people into the financial mainstream.

First Horizon National in Memphis is asking some employees if they would like to leave voluntarily.

Bank of the Ozarks of Little Rock, Ark., is buying Genala Banc, the holding company of The Citizens Bank of Geneva, Ala., for $27.3 million.

Federal regulators are targeting another financial firm in connection with its mortgage activities before the housing crisis.

The Government Accountability Project is teaming up with the Occupy Wall Street crowd to educate bank staffers about their rights.

Banks with government assistance such as the Troubled Asset Relief Program face the greatest risk under Basel III proposals, advisors of Mercer Capital and Jones Day say.

Polonia Bancorp (PBCP) in Huntingdon Valley, Pa., has postponed its stock sale and conversion to a stock company after a regulatory exam revealed compliance problems.

State Bank Financial in Atlanta has added retired Air Force Maj. Gen. Robert McMahon to its board of directors, and CEO Joe Evans explains why.

The $11.5 billion-asset unit of Umpqua Holdings (UMPQ) said Thursday it would open a flagship store in San Francisco's financial district.

The Federal Housing Finance Agency on Thursday released a proposal to create a framework for a new secondary mortgage market.

Farmer Mac announced late Wednesday that its board has named Chief Financial Officer Timothy L. Buzby as its president and chief executive, effective immediately.

After government-subsidized servicing transfers to Fortress's Nationstar stopped, the company kept expanding through private market deals with innovative financing structures. But as it bids for the massive ResCap portfolio, the GSEs' good will remains a valuable asset.