Retail & Commercial

Baker Boyer National Bank in Walla Walla, Wash., has tapped president Mark Kajita as its new chief executive.

Chan Patel and Nitin Shah view the hospitality industry — not geography — as their banks' communities.

The Consumer Financial Protection Bureau has temporarily shut down a nationwide firm that promised consumers legal help with debt relief. The firm allegedly took $67 million in upfront fees.

Sitting down with American Banker, incoming American Bankers Association CEO Rob Nichols discussed the need for industry unity, banking's convergence with the technology sector and the regulatory relief fight, among other issues.

PSB Holdings in Putnam, Conn., plans to convert from mutual ownership to a stock-owned bank.

Central Federal Savings & Loan Association of Rolla in Missouri has filed plans to convert from a mutual to a fully stock-owned bank.

WASHINGTON — The Consumer Financial Protection Bureau won a preliminary court injunction against several companies that the agency says ran a "debt-relief scheme" that imposed "exorbitant, illegal" fees on consumers, the agency said Tuesday.

Citizens Financial Group in Providence, R.I., has named Christine Cumming, a former Federal Reserve Bank of New York executive, to its board.

Some of the world's biggest banks, including JPMorgan Chase and Barclays, are exploring the use of bitcoin's underlying technology to overhaul financial markets.

The Better Business Bureau of Central and South Alabama is warning consumers about a collection law firm that allegedly is telling people to pay or go to jail.