Retail & Commercial

David Bohne was the president of a big, successful bank until he took a year off to clear his head. When he was ready to return, he looked at banks across the country but found what he needed in a small, family-run institution right in his hometown.

Washington Federal in Seattle said its profit rose 3.4% to $41.7 million in the three months that ended March 31 as loan growth outweighed higher information technology costs.

Bank earnings season is just getting underway, but a consistent theme around energy lending is already emerging — credit quality is going to get worse and weigh on profits the rest of the year.

West Shore Bank Corp. in Ludington, Mich., has agreed to buy West Michigan Bank & Trust in Frankfort.

Airbnb, the company that disrupted the hospitality industry as Uber did to taxis, is sidling up to the fintech space.

B of A is normally thought of as a U.S. economic bellwether, but it has substantial operations overseas, and its international performance last quarter provided a painful reminder of that fact.

An Arkansas woman is alleging in a lawsuit that debt buyer PRA Group froze her bank account to try to collect $43,200 in interest on a $6,000 judgment that was less than two months old.

DBA International has elected Todd Lansky as president of the association's board of directors. He replaces Patricia Baxter, who has been a board member since 2013 before resigning this week.

FHFA Director Mel Watt acknowledged that the principal reduction program may seem "too small and too late."

Young college graduates, including those who are still paying off student loans, are more likely to buy a home than their peers who did not go to college, according to a report from Navient and Ipsos.