Retail & Commercial

Affordable pre-paid cards and checking accounts targeted at low-income customers are among the positive trends likely to gain steam in the months ahead.

The $94 billion-asset company said in a press release Monday that it had hired Terry Jenkins as president of Key Private Bank. He is succeeding Tim Swanson, who will remain KeyCorp's chief investment officer.

Fee income and payment of a Home Loan bank advance helped Eagle Financial Services in Berryville, Va., boost its bottom line last quarter.

FICO and TransUnion announced Monday a renewed multi-year agreement to provide FICO scores to the U.S. banking community.

Hong Kong people who invested with a venture describing itself as a bitcoin platform are concerned their money may be gone, according to Leung Yiu Chung, a lawmaker who has taken up their case.

Ohio Valley Financial Group in Henderson, Ky., has merged with BankTrust Financial in Henderson.

Grand River Commerce in Grandville, Mich., has raised $10.7 million through a private placement.

National Recovery Solutions, a Lockport, N.Y.-based accounts receivable company, has increased online payments by 25% and reduced delinquencies by 40% in less than a year by adding a Virtual Negotiator to its debt collection team.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Protests by community groups and now a public hearing threaten to delay the completion of CIT's acquisition of OneWest Bank. The deal will probably get approved, and it might not get delayed too long, but all those "probablys" and "mights" are what make the proponents of more big M&A queasy.