Retail & Commercial

Brent Cockerham of Moody National Bank ferried stranded residents to safety in Friendswood, Texas, one of the communities hit hardest by the storm.

It sounds like a crazy mix, but Fifth Third says its new app would help young consumers round up debit card purchases and apply the money to their burdensome student debts. The motivation to attract millennials is clear, but will it work?

William Tirrell, the former head of regulatory reporting at the bank's Merrill Lynch unit, negligently caused the firm to violate securities rules but will pay no penalty, the SEC says.

The new owner of this Miami bank might be from Chile, but it sure knew how to create warm feelings with the employees it acquired. Instead of cutting back on benefits, it added some new ones — including a cash bonus paid for life events like having a child.

The Wisconsin company plans to shutter half of Bank Mutual's branches, including seven in Milwaukee.

Financial education, life-changing experiences and other ways credit unions are making a difference in the lives of children.

The Houston company doesn't expect any material impact on its commercial-and-industrial book, though there is potential risk tied to residential mortgages. Management, meanwhile, has started rolling out programs to help customers recover.

Readers sound off on flood insurance costs, states’ consumer protection efforts, a bank’s local farming project, the dismissal of a CFPB lawsuit, and more.

Bank undercounted fake accounts and says it also opened more than 500,000 bill-pay accounts; CFPB director provides “no further insights” on his future.

United Community Bank of West Kentucky took the harrowing experience of one of its employees as an opportunity to improve the benefits it offers.