The U.S. banking arm of Bank of Montreal said the cuts will take place at a data center in Sun Prairie and a mortgage underwriting office in Cedarburg.

Slavie Federal Savings Bank in Bel Air, Md., is taking steps to shore up its regulatory capital.

Mortgage lenders get clarity from Fannie and Freddie; Capital One CEO fears competition from mobile players; former IndyMac CEO fights the SEC.

FirstMerit will have to spend major investor equity to buy struggling Citizens Republic, but its shares are strong enough to afford the deal and the fit would be that good, FirstMerit CEO Paul Greig says.

ALEXANDRIA, Va. – Pentagon FCU has opened a new branch at Pentagon City, the office and shopping mall development across the street from the Pentagon.

Panelists at American Banker's Regulatory Symposium, including Eagle Bancorp CEO Ronald Paul, fear that small banks could lose deposits to bigger competitors if the program ends.

No one group dominates the panel, which includes bank and credit union executives, consumer advocates and community development officials.

Level One Bancorp in Farmington Hills, Mich., has found its next growth opportunity with a deal to buy a struggling 128-year-old bank.

Banks will not regain the public's trust with good marketing, PNC chief executive officer James Rohr tells American Banker's Regulatory Symposium.

Cadence Bancorp has entered San Antonio after hiring a group of lenders from International Bancshares.

The Consumer Financial Protection Bureau will not include a 20% down payment requirement for low-risk loans in its pending mortgage proposal, nor does it seek to covertly rewrite Dodd-Frank, Director Richard Cordray told Senate Banking.

Isis, the mobile-payment joint venture backed by AT&T, Verizon T-Mobile, won't debut by the end of September as planned, extending delays for a service once expected to start by the end of June.

The agency said Wednesday that it recouped roughly $149 million from selling preferred stock in Alpine Banks of Colorado in Glenwood Springs; Yadkin Valley Financial (YAVY) in Elkin, N.C.; First Community Financial Partners (FCMP) in Joliet, Ill.; F&M Financial in Clarksville, Tenn.; and F & M Financial in Salisbury, N.C.

Plans by National Bank Holdings and Capital Bank Financial to go public will create common stock that can supplement cash for open-bank acquisitions.

Zions Bank in Salt Lake City is trying to get hip — and some new customers — by producing an online reality show called "Cheapsters," in which college students compete in dumpster-diving, cooking and other games to prove who is the most frugal.

The Federal Reserve Board has entered into separate written agreements with Doral Financial (DRL) and State Bank of Geneva.

Small LowellBank is turning to Jack Henry for teller automation and online bill pay as well as core automation.

The merchant-funded rewards provider recently began testing a geolocation service that delivers offers from merchants when customers are within walking distance.

Continued monetary easing by the Fed would further squeeze margins, encourage undue risk-taking, and spark prepayments in bond portfolios without juicing loan demand, community bankers warn.

Mary Wisniewski finds MoneyDesktop, LearnVest, and Dashlane among the worthy early Finovate demoers.