Retail & Commercial

If history bears any indication of where this fight will wind up, New York’s top bank regulator, Benjamin Lawsky, could be headed for a long, slow, expensive defeat.

Greater Hudson Bank in Middletown, N.Y., has named its next chief executive.

First Farmers Bank & Trust in Converse, Ind., has received regulatory approval to acquire most of the Bank of Indiana.

Farmers National in Canfield, Ohio, is getting rid of its chief executive.

Federal Reserve officials reassured community bankers that they are vital to the U.S. economy at a conference in St. Louis last week, while other speakers said regulators are burdening small banks with confusing, confining rules.

Ripple Labs, formerly OpenCoin Inc., is working with two new gateways, ZipZap Inc. and SnapSwap, to allow U.S. consumers to fund accounts in-person or online.

FORT HOOD, Texas – Navy FCU opened a new branch, its sixth of the year, last week in Copperas Cove, near the Fort Hood Army Base, and plans to open more than six additional branches by year-end.

Community organizations in California are urging regulators to postpone approval of PacWest Bancorp's (PACW) acquisition of CapitalSource (CSE), arguing that PacWest lacks CapitalSource's commitment to serving community needs and economically disadvantaged groups.

Royal Bank of Scotland is said to be looking for a buyer for its 105-branch network in Chicago, but finding a buyer might be difficult because of market conditions and regulatory issues.

Add PNC Financial Services Group to the list of banks slashing their mortgage staffs.