Retail & Commercial

MutualFirst Financial (MFSF) in Muncie, Ind., has exited the Treasury Department's Small Business Lending Fund.

First West Virginia Bancorp (FWV) in Wheeling has shifted some of its leaders following the death of its longtime chief executive.

Underperformance was a matter of perspective this year. A strong stock market provided a lift to all banks with more than $20 billion in assets, though these institutions underperformed relative to the 30% rise in the KBW Bank Stock Index.

MBT Financial (MBTF) in Monroe, Mich., is selling $14 million of common stock to two institutional investors and will sell another $6 million of stock through a rights offering.

Parke Bancorp (PKBK) in Sewell, N.J., has raised roughly $20 million in a private placement.

JPMorgan Chase & Co. increased spending and withdrawal limits it imposed on 2 million customers who used debit cards at Target Corp. during the retailer's data breach.

JPMorgan Chase & Co. (JPM), the biggest U.S. bank, increased spending and withdrawal limits it imposed on 2 million customers who used debit cards at Target Corp. (TGT) during the retailer's data breach.

WASHINGTON - PNC Financial has reached a $35 million settlement with the Consumer Financial Protection Bureau and Department of Justice over allegations that National City Bank - which PNC acquired in 2008 - made higher-priced mortgage loans to minorities.

When Tom Curry was first named as comptroller, there were some doubts about whether he was the right pick to address the industry's problems and the agency's battered reputation. Yet during the past year, Curry has reasserted the OCC's role in banking regulation and appears distinctly more comfortable in his role.

WASHINGTON — The American Bankers Association plans to challenge the Volcker Rule in court unless regulators immediately suspend portions of the controversial regulation that restrict certain collateralized debt obligations of trust-preferred securities.