Retail & Commercial

Carolina Trust Bank in Lincolnton, N.C., has revised downward its fourth-quarter results because of accounting changes related to its retirement plan and an acquisition from years ago.

Seacoast Banking Corp. of Florida in Stuart has reached an agreement with an activist investor after signs had emerged of a potential proxy battle.

Online lender StreetShares' strategy is based on the premise that borrowers are more likely to repay when they have a genuine personal connection to the lender.

Fifth Third is using savings generated from closing more than 100 branches over the past year to expand its digital capabilities through a major IT hiring initiative.

The Consumer Financial Protection Bureau on Wednesday issued an advisory for banks and credit unions on how to prevent and respond to elder abuse.

The Federal Housing Finance Agency appears poised finally to allow principal reductions, but it's been nearly a decade since the mortgage crisis and underwater borrowers are much fewer thanks to higher home values.

A year ago, the U.S. Department of Education announced it would be severing ties with five private collection agencies. All of them are currently doing work for the government agency.

BMO Financial Group is looking to bring a recent consumer-facing innovation to its corporate customers.

The New York State Appellate Division of the Supreme Court ruled on Tuesday that the activist investor Joseph Stilwell cannot force NorthEast Community Bancorp in White Plains, N.Y., to convert to a fully stock-owned bank.

TriCo Bancshares in Chico, Calif., paid a lower deposit premium for its purchase of Bank of America branches after deposit levels at those offices fell.