Retail & Commercial

Citizens Building and Loan in Greer, S.C., will have a new president and chief executive next year.

The election results will only intensify factors making competition with bank lenders more difficult, including the effect of interest rates as well as the regulatory environment.

A combination of slick technology and sleek design has led to the creation of a whole new take on the "branch of the future" at America First Credit Union.

Capital One Financial in McLean, Va., is splitting up the management of its cards business.

Payday lenders are seeking a court injunction to stop what they say is a concerted effort by federal banking regulators to cut them off from the mainstream financial system.

James Cope, a former Pinnacle Financial Partners director who pleaded guilty to insider trading in October, was supposed to pay a $55,000 fine as part of a plea deal. But the judge hearing the case contends he should pay more.

The Federal Housing Finance Agency's decision to raise conforming loan limits in 2016 for the first time in a decade is being met with enthusiasm from the mortgage industry, as it should prove to be a positive for future origination volume.

The Pennsylvania company has redoubled its outreach to low- and moderate-income consumers by partnering with Operation Hope on a down payment assistance program and naming a veteran banker to the newly created post of director of fair and responsible banking. But despite these efforts, history says Fulton is unlikely to escape punishment if the Justice Department finds that it violated fair-lending laws.

An Israeli startup in the emerging B2B2C space that allows consumers to make payments through major messaging apps has completed a $6 million round of funding backed by Banco Santander, Mastercard and other investors.

The longtime CEO of Oconee Federal Financial in Seneca, S.C., is handing the reins to his son. Curtis T. Evatt, Oconee's president and chief financial officer, will succeed T. Rhett Evatt as CEO of the $484 million-asset holding company and Oconee Federal Savings and Loan Association on Jan. 1.