Retail & Commercial

Amboy Bancorp in Amboy, Ill., has agreed to buy Franklin Grove Bank in Franklin Grove, Ill.

Debt buyer PRA Group announced that Lance L. Weaver has been appointed by the company's board of directors to serve as an independent director.

A voter initiative in South Dakota to cap payday loan interest rates at 36% will be on the state’s ballot next year despite complaints from payday lenders that it will put them out of business.

Despite increased investment and development in the consumer payments space around mag stripe, EMV and contactless payments solutions, there is still a huge concern when it comes to data theft.

WASHINGTON — An investigation into potential discriminatory lending practices of a company owned by Berkshire Hathaway is spurring attention by the Consumer Financial Protection Bureau.

Capital Bank CEO Eugene Taylor took a three-year break from acquisitions until agreeing to buy CommunityOne earlier this year. Taylor hopes the deal provides evidence that his team is a buyer – not a seller – in the year ahead.

CNB Financial in Clearfield, Pa., has agreed to buy Lake National Bank in Mentor, Ohio.

A federal judge is urging the parties of a closely watched pot-banking case to settle their dispute.

A federal court has halted and frozen the assets of an operation that the FTC alleges bilked millions of dollars from nonprofit organizations and small businesses through an office supply scam.

A federal court has halted and frozen the assets of an operation that the FTC alleges bilked millions of dollars from nonprofit organizations and small businesses through an office supply scam.