Retail & Commercial

Payment Alliance International has a deal with OnPoint Community Credit Union to apply OnPoint's branding to automated teller machines at all 72 Rite Aid pharmacies in Oregon.

Customers Bancorp (CUBI) in Wyomissing, Pa., has raised $133.2 million in a private placement.

Ocwen hopes to do more with a novel transaction structure that transfers the prepayment risk of mortgage servicing rights. Other companies are exploring ways to finance a notoriously hard-to-finance asset.

Citizens Financial Group has hired Richard Hampson to be its president in Michigan. Hampson will also lead middle-market banking in Michigan for Citizens.

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

The long-awaited rebound in credit card loans has arrived, fueled by looser credit standards and a larger appetite for debt among U.S. households.

Zombie foreclosures tend to erode local government tax revenue and have been commonly cited by local officials nationwide as a key reason for rising tax delinquencies prompting the increased use of third-party collection agencies.

United Community Banks (UCBI) in Blairsville, Ga., has acquired Business Carolina, a commercial lender in Columbia, S.C.

Bitcoin and other digital currencies will get more attention from the U.S. Consumer Financial Protection Bureau after prodding from a congressional watchdog.

A diverse group including troubled borrowers, low-income renters, mortgage-bond issuers and investors in those bonds will get a boost from new Treasury efforts to keep capital flowing in the mortgage market.