Retail & Commercial

Doral Financial suffered another setback as a Puerto Rican court ruled that the company is not entitled to a $230 million refund tied to overpaid taxes.

Problems related to loan servicing dominate the consumer complaints about mortgage companies made to the Consumer Financial Protection Bureau, but an agency official expressed optimism about the industry's response to these grievances.

The Massachusetts senator recently argued that community banks have little need for regulatory relief. But a closer look at recent FDIC data shows that the health of small banks has taken a turn for the worse in the aftermath of Dodd-Frank.

CIT's John Thain and OneWest's James Otting, scheduled to speak today at a public hearing on their $3.4 billion M&A deal, will face complaints from community activists that they owe the public more after receiving substantial government help during the financial crisis.

F&T Financial Services in Porterville, Calif., has agreed to buy Pan American Bank in Los Angeles.

Everyone knows the proverb "Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime."

OceanFirst Financial in Toms River, N.J., has agreed to buy Colonial American Bank in Middletown, N.J.

BB&T has received subpoenas from the Justice Department tied to a probe of the Winston-Salem, N.C., company's FHA lending.

Across the country, community banks are defying the stereotype of small institutions as technological laggards, sometimes introducing useful digital features well ahead of the better-resourced and purportedly savvier big banks.

Small banks don't have the budgets of large-bank competitors, but with nimbleness and creativity they are sometimes first out of the gate with innovative technology, from real-time payments to biometric authentication. We scoured the land for examples of tech-savvy community banks and chose the following 10 standouts.