Retail & Commercial

Comerica Bank and San Diego County Credit Union have battled in recent years to claim the Guinness World Record for "Most Paper Collected in 24 hours."

Capital One Financial Corp. and MasterCard Inc. struck a deal with Costco Wholesale Corp. in Canada to issue a co-branded credit card when the retailer's contract with American Express Co. ends this year.

Albina Community Bancorp in Portland, Ore., has filed for bankruptcy.

The purchase of Santa Barbara Tax Products Group is the latest move by the prepaid card pioneer designed to lessen its dependence on retail giant Wal-Mart.

At least two mortgage servicers say they are close to being released from an OCC enforcement order that required 14 of the nation’s largest bank servicers to fix flaws in their foreclosure reviews. But the OCC says it has set no timetable for freeing any of the banks from the 2011 order.

The old taboo against loan purchases is being quietly broken, as small and regional banks with excess liquidity chase higher yields and find a common interest with banks that need to drain some assets.

In marketing, deciding on a strategy is the easy part. The challenge involves figuring out if it's working. PNC Financial, Regions and other companies at a recent conference discussed how to know if a bank getting a good return on its marketing dollars.

Santander Holdings USA entered into a written agreement with the Federal Reserve Bank of Boston about managing capital payments after one of its units issued an unauthorized dividend.

Small-bank executives sounded off this week about battling regulators, credit unions, big banks and each other at a FIG Partners conference in Atlanta.

Americans are still looking for the same fundamental services from their banks. It's their expectations of convenience and accessibility that have changed — and that's where digital offerings should come in.