Retail & Commercial

A recovering economy has all but stopped talk about loan growth. Instead, bankers are now getting grilled about deposit gathering, dealmaking and, in some instances, how they are dealing with slumping energy prices.

Community banking groups have recently struck referral deals with marketplace lenders that could add revenue in the short run, but they might be giving away potentially valuable data and customers in the process.

Banks and other financial companies are engaging in disturbing new overdraft practices, violating fair lending laws related to mortgages and being too aggressive in how they collect student loan debt, the Consumer Financial Protection Bureau said Wednesday.

Foresight Financial Group in Rockford, Ill., has agreed to buy State Bank of Herscher in Herscher, Ill.

Legislation concerning debt collectors is gaining traction in Indiana. House Bill 1358 would allow the state to reduce or take a person’s state tax return to settle a garnishment.

Apple Pay and cryptocurrencies such as Bitcoin have a lot of appeal for banks looking to stay at the cutting edge of digital payments. But security and compliance risks are part and parcel of these innovations.

PNC Financial Services Group in Pittsburgh may have to pay $390 million, including $35.5 million in punitive damages, for the role an acquisition had allegedly played in a major fraud scheme.

Apple Pay and cryptocurrencies such as Bitcoin have a lot of appeal for banks looking to stay at the cutting edge of digital payments. But security and compliance risks are part and parcel of these innovations.

HomeBancorp in Tampa, Fla., has raised $16.5 million in capital.