Retail & Commercial

Ameris, which was operating under a regulatory order when it agreed to buy Atlantic Coast, agreed to pay more money if it failed to complete the acquisition by mid-2018.

The cooperative financial technology company will offer Ellie Mae’s Encompass all-in-one mortgage-management product.

The move comes at a time when banks are becoming more aggressive in acquiring or investing in financial technology companies.

Total loans rose 3% at the Minneapolis bank, but its net interest margin climbed 10 basis points. It also booked a one-time accounting gain of $910 million related to tax reform.

The company is gaining heft in Michigan's Upper Peninsula with its $34 million purchase of First Federal of Northern Michigan.

Write-down clears the decks for better times ahead; the agency’s acting head is looking to revamp strict rule that went into effect on Tuesday.

Progressives have been setting off alarm bells this week over the Senate’s bill to ease some Dodd-Frank rules, but the changes are more modest than many assume.

The company, which bought BNC Bancorp to enter North Carolina last year, recorded $19.1 million in merger-related expenses and an $8.3 million pretax loss tied to investment securities.

Cecere, 57, will succeed longtime executive Richard Davis, who has served as chairman since retiring as CEO last year.

The Consumer Financial Protection Bureau said Tuesday it will reopen the payday lending rule, on the same day the controversial rule technically went into effect.