Retail & Commercial

The company agreed to pay $18 million for Atlantic Bancshares in a deal that will increase its operations along South Carolina's coast.

The company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage.

The company will also gain branches in northern Alabama when it buys Tennessee Bancshares.

The long-running slide in mortgage payments 60 or more days past due will continue next year, and perhaps even longer as borrowers benefit from favorable economic conditions.

The House Financial Services Committee passed 13 bills (and scrapped a vote on one) Wednesday, including one that would stop Fannie Mae and Freddie Mac from being released by the government and another hailed as helping the underbanked in rural areas.

Rather than charge set fees, Aspiration offers customers name-your-fee accounts and donates to charities based on the amount of money it makes.

A group has filed an application for form a bank in Birmingham, a city with a large pool of bankers and a steadily growing economy.

The fundamental conclusion of the Federal Housing Administration’s fiscal year 2017 actuarial review is that the financial problems of the FHA Home Equity Conversion Mortgage program keep getting worse.

Jenn LaClair will replace Chris Halmy, who is retiring. She most recently headed up PNC's business bank.

John Kimberly, who was CEO of a bank that CAB bought in 2014, is set to take the helm on Jan. 1.