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Farmers National Banc in Canfield, Ohio, has agreed to buy Bowers Insurance Agency in Cortland, Ohio.
May 9 -
LendingClub Corp. founder and Chief Executive Officer Renaud Laplanche resigned after an internal review of loan sales to a single investor. President Scott Sanborn will be acting CEO.
May 9 -
U.S. consumers sharply increased their use of credit cards in March, pushing up total borrowing at the fastest pace in 15 years.
May 7 -
Pennsylvania state regulators on Friday closed the $103.3 million-asset First CornerStone Bank in King of Prussia, the third institution to fail this year.
May 6 -
At least three large U.S. banks are preparing to go to market with new small-dollar installment loan products in a move that could potentially disrupt the payday lending industry.
May 6 -
Square's practice of using its merchant transaction data for risk analysis may seem innovative, but other agile specialists including Intuit are finding ways to use new data streams to limit risk and deliver funds to borrowers.
May 6 -
Household borrowing surged in March at the fastest pace since November 2001 as financing for automobiles picked up and Americans' outstanding credit-card debt soared.
May 6 -
Many bank security people will undoubtedly shrug off Anonymous' claim that it's trying to bring down banks all over the world. There are a few reasons to take it seriously.
May 6
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A proposed class-action lawsuit against LendingClub threatens investors in bonds backed by its loans and similar debt even if the plaintiff loses, Moody's Investors Service said Thursday.
May 6 -
Maria Vullo, still stuck in limbo as acting superintendent of the New York State Department of Financial Services, is hindered from putting her mark on the agency until she gets confirmed. So a quiet guessing game is going on about how her supervisory philosophy will compare with her predecessor Benjamin Lawsky.
May 6
