Retail & Commercial

Lennar Homes and RBC Bank have formalized their unofficial agreement to help provide mortgages to Canadians buying homes in Southwest Florida.

Leaders of large community banks in the Southeast are keen on acquisitions, though their level of interest varies widely. Some, like Home BancShares in Arkansas, are eager to line up the next big deal. Others, including Bank of the Ozarks, seem content to steal lenders and open offices after several years of acquisitions.

CrossFirst Bank in Leawood, Kansas, has opened a new division to serve the oil, gas and energy markets and hired a team of five bankers with experience in this sector.

The Consumer Financial Protection Bureau issued a warning to credit card companies that use deceptive marketing to mask hidden charges within promotional interest rates.

Ronald R. Reed has resigned as chief executive of Citizens Independent Bancorp in Logan, Ohio, and its bank unit.

An internal review at Goodwill Industries has concluded that hackers accessed customer payments data through a vendor-related weak spot.

Balances on new cards are still below levels reported before the 2008 recession, despite an increase in open accounts.

Allowing branch workers to come up with handmade signs and offbeat contests can help banks increase both customer and employee engagement, according to consultant Dave Martin.

The federal government should stop paying private collection agencies to pursue defaulted student loans, according to a report released Wednesday.

Citigroup has agreed to sell its remaining 41 branches in Texas to BB&T, in an ongoing effort to trim its branch network.