Retail & Commercial

First National Corp. in Strasburg, Va., has a new bank president. The $530 million-asset company said in a press release Monday that Dennis Dysart would also remain chief operating officer of First Bank.

National Bank Holdings in Greenwood Village, Colo., plans to repurchase as much as $100 million of its common stock.

Regulators in New York plan to crack down on high-interest loans made to military service members by closing a critical loophole.

Residential mortgage loans in active foreclosure that are at least two years delinquent experienced large gains in the last seven months, according to a new report.

There are plenty of opportunities for banks to collaborate with the tech startups that are driving rapid change in the financial industry. But first they need to find innovative ways to address systemic challenges like compliance as well as cultural differences.

Community banks that try to serve too broad an array of customers will wind up losing out to larger competitors. They would do better to focus on one or two customer segments and familiarize themselves with those groups' specific habits and needs.

Yadkin Financial in Elkin, N.C., will pay its former leader $2.2 million over the next year as part of an ongoing management transition.

At this year's EMERGE Forum in Austin, Texas, the Financial Solutions Lab — a $30 million, five-year initiative managed by the Center for Financial Services innovation with founding partner JPMorgan Chase — revealed the winners of a recent competition for apps that tackle consumers' cash flow challenges. The nine winning organizations, chosen from 298 applicants and 14 finalists, received a combined $3 million, along with mentorship, networking, peer learning and national partnership opportunities. The following is a look at their solutions to the problems of the working poor and others ill-served by traditional financial products.

WASHINGTON — Three of the nation's largest indirect auto lenders are poised to limit discretionary pricing for dealers after regulators accused them of allowing partners to mark up loans at higher rates to minorities, according to confidential documents.

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