Retail & Commercial

Community banks merit more regulatory relief, particularly those that hold mortgage originations. That was a key message from James Bullard, St. Louis Fed president, during a community banking conference in St. Louis hosted by the Federal Reserve Board and the Conference of State Bank Supervisors.

Bankers need to show they are in control of relationships with outside vendors, must be ready to respond to M&A-related protests and should be as concerned about economic growth as interest rates, according to the St. Louis Fed's supervisory chief.

Huntington Bancshares in Columbus, Ohio, will add $45 million to its litigation reserve in the third quarter after a judge ordered it to repay $71.8 million to the victims of a fraud scheme.

Cash America International, a payday lender in Fort Worth, Texas, has named Brent Stuart chief executive.

The Fed's policy of not adjusting check discrepancies of less than $25 has been in place for many years. Banks should be permitted to establish similar deposit adjustment limits without fearing regulatory sanctions.

Federal prosecutors are seeking to seize hundreds of thousands of dollars from a Concord, N.C.-based debt collection company accused of using unfair and fraudulent practices.

Hospitals in Minnesota saw a 6% drop in uncompensated care in 2014, a trend state health officials attribute to more people having health insurance. But the news wasn't as favorable for bad debt.

Former Citigroup Chief Executive Officer Vikram Pandit is part of a group of investors plowing $5.9 million in a new digital exchange aimed at making it easier for smaller investors to buy loans made to mid-sized companies.

The government appears to be speeding toward establishing uniform standards for student loan servicers in light of reports of pervasive problems in the administration of both private and federal loans.

Allowing branch employees to become personally involved in marketing and merchandising tends to make them more engaged as salespeople.