Retail & Commercial

Cullen/Frost Bankers (CFR) in San Antonio reported a profit of $59.2 million in the first quarter on strong asset and deposit growth.

M&T Bank (MTB) in Buffalo announced that former vice chairman Michael Pinto has died.

Jefferson Bancshares' efforts to sell itself were marked by several fits and starts over three years, highlighting the fickle nature of consolidation since the financial crisis.

Talking to consumers about the impact of their borrowing and payment decisions on their credit reports and credit scores is a critical part of helping them make solid financial decisions. But legal restrictions may ultimately deter companies from engaging in those types of discussions.

A failed Kansas bank is suing state regulators alleging that they had insufficient grounds to close it.

The Santa Clara (Calif.) County Department of Revenue, which acts as the county's central collection agency, reported Tuesday that 1,060 people are the potential owners of nearly $244,000 in unclaimed money.

Midland, Texas is the latest in a growing number of cities proposing an ordinance that affects payday lenders, or credit access businesses.

Simsbury Bank (SBTB) in Connecticut named a new retail management officer to succeed Howard Zern who is retiring at the end of this month.

Flagstar Bancorp (FBC) in Troy, Mich., reported a significant first-quarter loss as its loan-loss provision more than quintupled.