Retail & Commercial

Horizon Bancorp (HBNC) in Michigan City, Ind., has agreed to buy the assets of 1st Mortgage of Indiana in Indianapolis.

Former Consumer Financial Protection Bureau boss Raj Date is lining up a seasoned team of banking executives to try to revive the subprime credit card market. For the banks his firm is seeking to partner with, the question is whether the potential profits justify the risks. American Banker staffers discuss.

While waiting for regulators to fully understand the effects, small banks should proactively take measures to prepare themselves from the Volcker rule, just like their larger counterparts.

Barclays Plc (BARC), the U.K.'s second-largest bank by assets, is speaking with regulators, customers and British authorities about a possible criminal leak of client account information.

Pioneer Bancshares in Dripping Springs, Texas, has agreed to buy the holding company of Union State Bank in Kerrville, Texas.

First Mariner Bancorp (FMAR) in Baltimore is planning a $100 million recapitalization of its bank led by a group of investors.

CUNA is confirming what several analysts have already told Credit Union Journal: that NCUA's proposed new risk-based capital rule will cost many credit unions a lot more to maintain healthy capital cushions needed for growth-in fact, a net $7.3 billion more.

Moody's Analytics is seeking to help banks manage interest rate risk and determine how different economic shocks would affect their credit portfolios.

The U.S. Postal Service offering financial services to the underserved would be a great idea. If the U.S. Postal Service weren't, you know, the U.S. Postal Service.