Retail & Commercial

The Detroit company is capitalizing on other banks' retreat from the auto sector.

The U.S. population is aging, and one of the well-established components of the American dream — buying and owning a home — appears poised to aid in the baby boomers next phase of life.

Up to now, the most successful fintech firms have tried to fill gaps in underserved market, not replace banks. But a new crop of U.K. startups seeking bank charters is turning up the heat.

The company will also gain $260 million in loans and $180 million in deposits from Banner Corp.

The company has agreed to buy Puget Sound Bancorp to expand in a competitive, fast-growth market.

The Riverwoods, Ill., company is trying to assure Wall Street that its higher chargeoff rates signal a return to normalcy, rather than a cause for alarm.

The Blairsville, Ga., bank is in growth mode with strong second-quarter lending performances and two deals in the works, but its provision for loan losses was described as too low in one research note.

The Texas company would add seven branches and more than $300 million of assets by acquiring Valley Bancorp.

CircleUp is offering lines of credit to early-stage consumer brands, which can often only get financing at high interest rates.

First Financial in Ohio is buying MainSource in Indiana — with a twist. MainSource's leader will become CEO.