Retail & Commercial

Corduro has added technology to its PayMobile app to locate and attract nearby customers when a merchant's business is slow.

Home repossessions in the U.S. jumped 11% in May after declining for the previous five months as rising prices and limited inventory for sale across the country spurred banks to complete foreclosures.

GAINESVILLE, Fla. – Florida CU has purchased an empty Regions Bank branch in front of a Walmart store and is renovating it for its ninth branch.

BURBANK, Calif. – Partners FCU, a Disney employees’ credit union, said it opened a new branch for the approximately 10,000 cast members who work at Disneyland and Disney California Adventure Resorts.

After spending recent years repairing its balance sheet, Hanmi Financial (HAFC) is again looking to grow. To do so, it's eyeing markets that Korean-American lenders have traditionally neglected.

Shareholders took a big gamble that Atlantic Coast Financial in Florida can raise enough capital to save itself when they rejected a buyout offer. There are more funds to be had these days, but they are harder to get, experts warn.

A bipartisan bill to reform the mortgage finance system being crafted in the Senate has already drawn praise from a variety of stakeholders, but the effort is almost certain to meet strong resistance from House Republicans.

Four Corners Community Bank in Farmington, N.M., has agreed to buy Citizens State Bank of Cortez in Colorado.

The private equity firm Milestone Partners has sold Mariner Finance, a former division of Baltimore's First Mariner Bancorp.

The Federal Deposit Insurance Corp. and Consumer Financial Protection Bureau have launched "Money Smart for Older Adults" with tips on preventing identity theft and other common scams and how to prepare financially for life events.