Retail & Commercial

Customer expectations for digital are a moving target, and banks and their vendors are quickly trying to figure out which products and services to add next.

WASHINGTON — The Federal Deposit Insurance Corp. reissued a document on Friday that clarifies when a deposit is considered brokered.

The $610 million-asset company named Tim Schools president and CEO of both the holding company and Highlands Union Bank, pending regulatory approval.

The Dodd-Frank Act was supposed to end the regulatory advantages that came from holding a thrift charter. But in the case of USAA, it hasn't worked that way.

Centrue Financial in Ottawa, Ill., has named a new chairman, after its longtime chairman resigned for health reasons.

The state-owned Bank of North Dakota has approved a plan to provide $300 million in loans to farmers hit by low commodity prices or crop production.

Bank Leumi's conservatism helped it stay profitable during the financial crisis. The bank, a unit of Leumi Group in Israel, is ready to get more aggressive in areas such as technology lending.

Royal Banks of Missouri in University City has agreed to buy Frontenac Bank in Earth City, Mo.

Peoples Bancorp of North Carolina in Newton has been hit with an enforcement action related to its compliance with anti-money-laundering laws.

While national mortgage fraud risk is on the decline, here's a look at six markets where loan defects are rising.