Retail & Commercial

Regions Financial (RF) in Birmingham, Ala., said Tuesday that its fourth-quarter earnings fell 14% from the same period in 2012, to $227 million, due to a number of one-time charges it took to strengthen its balance sheet and improve efficiency.

The new "One Deposit Checking" account can be opened with as little as $25. The bank is counting on it to help it sell more products to checking account holders.

Center Bancorp (CNBC) in Union, N.J., has agreed to buy ConnectOne Bancorp (CNOB) in Englewood Cliffs, N.J.

Governor Andrew Cuomo and Attorney General Eric Schneiderman agreed to split the first $163 million of New York's $613 million share of a settlement with JPMorgan Chase (JPM) over mortgage bond sales, according to their offices.

Ohio Attorney General Mike DeWine's office received more than 2,400 collection complaints in 2013, with hundreds of those complaints involving potential scams.

On Friday the Office of the Comptroller of the Currency closed the $61.7 million-asset DuPage National Bank in West Chicago, Ill. Its failure is expected to cost the Deposit Insurance Fund $1.6 million.

The Office of the Comptroller of the Currency took action against bank technology providers BSERV and Fundtech in December, ordering the companies to ensure that their services effectively monitor risk.

Old Second Bancorp (OSBC) in Aurora, Ill., is set to begin a stock offering that could help it dig out of a deep capital hole.

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The Buffalo, N.Y., company still has some goodwill from analysts based on its reputation as a skilled bank buyer, but it has become the poster child for the risks associated with M&A in a tough regulatory environment.