Retail & Commercial

UMB Financial in Kansas City, Mo., announced that its president has resigned. Peter deSilva also vacated his post at chief operating officer, the $18.6 billion-asset company said in a press release Monday.

Loan demand and conditions remained largely unchanged in the third quarter, with some easing of credit standards for consumer and auto loans, according to a survey of senior loan officers conducted by the Federal Reserve.

Revenue growth outpaced rising expenses at OnDeck Capital during the third quarter, allowing the fast-growing small-business lender to turn a profit.

October was one of the best months in recent memory in terms of the number of deals and their aggregate value. If that pace continues, 2015 would be the strongest year for bank M&A since the financial crisis.

JPMorgan Chase agreed to pay California $50 million to resolve claims the bank cheated tens of thousands of credit-card customers while collecting debts from them, California Attorney General Kamala Harris said.

Flushing Financial in Uniondale, N.Y., has promoted newly hired executive Susan Cullen to chief financial officer.

JPMorgan Chase & Co., the nation’s largest bank by assets, will pay $100 million to settle a California lawsuit alleging it used illegal methods to collect debts from more than 125,000 credit card holders.

Eagle Bancorp in Bethesda, Md., has redeemed all the shares it accumulated through the Small Business Lending Fund program.

Southcoast handled its sale in way that truly resembled a reality dating show, whittling a list of 28 suitors down to three finalists. BNC Bancorp in North Carolina succeeded in landing the deal after its presentation won over Southcoast's board.

The government-sponsored enterprise is working to rebuild partnerships with church organizations and housing financing agencies as part of a broader effort to make owning a home affordable for low- and moderate-income families.