Retail & Commercial

Evans Bancorp in Hamburg, N.Y., has agreed to pay $825,000 to settle a lawsuit that accused the company of mortgage redlining.

Old Point Financial in Hampton, Va., has selected its chairman's son as chief executive of Old Point National Bank of Phoebus.

Banks and payment companies have been bearish on Bitcoin, but the virtual currency's underlying technology is growing in popularity and attracting investment.

The FDIC has proposed a plan that would increase premiums for banks that use reciprocal deposits—a tool that community development financial institutions rely upon to meet credit demand in low-income communities.

Consumers continue to have a disciplined approach to spending with their credit cards, according to the American Bankers Association.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

Two community banks — Community Bankers Trust in Richmond, Va., and Charter Financial in West Point, Ga. — have reached early terminations of loss-share agreements with the Federal Deposit Insurance Corp.

Bank of Montreal, Canada's fourth-largest lender, has agreed to buy General Electric's transportation finance business in the U.S. and Canada.

Apps that help people manage their money on a day-to-day basis are all the rage among millennials. Here are the most effective of the bunch.

Bankers are already planning app improvements after seeing the new features of the Apple Watch, iPhone 6S, iPad Pro and Apple TV that were revealed this week.