Retail & Commercial

Sterling Bank in Spokane, Wash. will allow customers to transfer money to and from accounts at other financial institutions for free.

Sussex Bancorp (SSBX) in Franklin, N.J., has completed a $7.2 million capital raise.

Carlile Bancshares plans to merge and rename its two Colorado banking units.

President Obama ended his administration's self-imposed blackout regarding housing finance reform on Tuesday, finally endorsing a specific approach after effectively punting on the issue more than two years ago.

New York state is asking more than 100 banks to choke off access to the automated payments system that unlicensed online lenders use to debit the checking accounts of consumers.

A former chairman of the failed Premier Bank in Wilmette, Ill., has been charged with fraud in what prosecutors say is the first criminal case tied to the Troubled Asset Relief Program.

Large banks approved more small-business loans in July than they have in any month since before the recession.

Bank of America was sued by the Justice Department over allegations that it lied to investors about the riskiness of the loans backing a 2008 mortgage deal.

Are banks destined to become trusted repositories for personal information as some pundits predict or is the notion utter nonsense? That was one hot topic of conversation during a recent Twitter Chat hosted by American Banker on the future of banking. The publication's BankThink editors discuss.

WINCHESTER, Va. – Navy FCU opened a second building at its member service center here, a short distance from its Vienna, Va., headquarters, where it plans to add as many as another 450 jobs.