Retail & Commercial

Opus Bank in Irvine, Calf., has given more responsibilities to its head of capital markets.

Despite their slowdown in growth, marketplace lenders are still in good position to gain from the digitization of the financial services industry.

Making good on threats it had made previously, the Independent Community Bankers of America filed suit Wednesday against the National Credit Union Administration, claiming the agency's recent overhaul of its member business lending rules violate two different laws.

Fintech is transforming consumer financial services, but automation and data innovation can also help banks meet their growing regulatory demands.

USAA has updated its digital platforms to give customers more control over unexpected declines on large transactions and access to service representatives on its website.

BancorpSouth in Tupelo, Miss., has hired Kyle Gilliam as president of its equipment finance and leasing division.

Meta Financial Group in Sioux Falls, S.D., has promoted Cynthia Smith, its head of technology and operations, to chief operating officer.

Under pressure from regulators and consumer advocates, brick-and-mortar banks are now offering overdraft-free accounts. But online-only and community banks still have them beat as the type and number of fees associated with big-bank checking have multiplied.

Credit unions in Florida, Georgia and the Carolinas closed branches as a precaution, but no reports of major damage.

The Federal Deposit Insurance Corp.’s recent statements encouraging new bank applications are promising, but some barriers to new charters may remain inside the FDIC and we are still waiting for the first de novo of 2016.