The $8 billion-asset unit of First Midwest Bancorp (FMBI) said Monday that David Knapp has joined the company as president of a newly formed group for commercial banking in Chicago's western suburbs.

In a rare coordinated effort Monday, all three federal banking agencies, the CFPB and the state regulator in Utah announced more than $112 million in enforcement penalties against American Express for card practices that allegedly violated a range of consumer protection laws.

Community bank CFO Bob Dieterich runs for Congress in upstate NY.

KINSTON, N.C. -- Self Help CU’s recycled branch here—a former gas station- is green in more ways than one.

Wintrust Financial in Rosemont, Ill., has agreed to buy another failed bank from the Federal Deposit Insurance Corp.

Two former executives at Washington Mutual, who paid fines to the Federal Deposit Insurance Corp. last year for the thrift's "reckless" lending practices, plot their next move.

At least a dozen community banks have planned new headquarters in the past year, either by building offices or leasing new digs. Low interest rates and great pricing are making the moves easier.

To satisfy creditors, Big Sandy Holding's bankruptcy plan, filed on Thursday, calls for an auction of its $840 million-asset unit, Mile High Banks.

State Street, in a new program with the University of Massachusetts Amherst, will hire 100 students part time to perform certain back-office jobs and support business lines across the company.

The debate over whether caps on interchange fees were good for consumers is alive and well at the Durbin Amendment's one-year anniversary — even as banks' interchange revenues recover.

Bank of America said Friday it would pay $2.43 billion to settle a shareholder lawsuit over its purchase of Merrill Lynch, in an expensive effort to resolve one of many problems it faces from the financial crisis.

The $15.9 billion-asset bank said Thursday that Lisa Etre, William McCarthy and Jessica Ruiz have joined Signature from Hudson Valley Bank (HVB) in Yonkers, N.Y., and that Dennis Sheridan has joined from Valley National Bank (VLY) in Wayne, N.J.

Broadway Financial in Los Angeles earned $1.4 million in the second quarter. A year earlier, the $391 million-asset company lost $2 million.

Roma Financial Corp. (ROMA) said that one of its banks has entered into a written agreement with the Office of the Comptroller of the Currency.

MainSource Bank in Greensburg, Ind., has agreed to buy the assets managed by Krumme and Brock Investment Services in Seymour, Ind. The employees of the Krumme firm, including owners Galen Krumme and Cliff Brock, would join MainSource Bank's wealth management division.

United Community Bancorp (UCBA) of Lawrenceburg, Ind., is suspending the payment of dividends on its common stock until the company completes a pending second-step conversion.

Business activity in the banking sector increased in August for the third straight month, according to industry executives surveyed for American Banker's latest Index of Banking Activity.

eAppraiseIT provided real estate appraisals to a former mortgage lending giant during the run-up to the housing crisis will pay $7.8 million to settle charges that its appraisers conspired with the lender to puff up home values.

Tri Counties Bank in Chico, Calif., will pay as much as $2.5 million to settle a class-action lawsuit that claims it failed to properly pay overtime.

The CFPB flexes its muscle in a Discover deal, Sheila Bair blasts a double standard for hurting small banks and mortgage settlement overseer Joe Smith weighs in on progress to date.