Retail & Commercial

Premier Financial Bancorp in Huntington, W.Va., has completed its exit from the Troubled Asset Relief Program.

Bank of America and JPMorgan Chase have agreed to update their customers' consumer credit reports to eliminate debts that have been legally extinguished, providing relief for more than a million Americans, the New York Times reported.

Parkway Bancorp in Harwood Heights, Ill., has agreed to buy Park Bancorp in Chicago.

Lending and access to banking services in distressed neighborhoods has risen as a result of "mission-oriented" banks, according to a new report from the National Community Investment Fund, an advocacy organization.

Green Dot reported higher first-quarter earnings Thursday, thanks partly to the revenue generated by a recently acquired tax refund processing business.

Fannie and Freddie will have more room to finance affordable rental housing, but it is unclear if it's enough to prevent possible disruptions later this year.

First Citizens BancShares in Raleigh, N.C., reported higher earnings on the backs of two acquisitions.

A community development venture in the District of Columbia supported by Citigroup, government officials and local financial institutions has partnered with loan marketplace Biz2Credit to facilitate loans to small businesses.

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.

Mercury Network, the mortgage lender and appraisal management company software unit of a la mode, was acquired by private equity firm Serent Capital, the companies announced Thursday.