Retail & Commercial

Net interest margins are complex beasts. During the last Fed tightening cycle, the yield curve turned negative and margins narrowed.

The threat posed by Google's new Gmail money transmission feature will put the onus on banks to deliver the ultimate person-to-person payments experience, which only they can provide.

Oxford Bank in Michigan has terminated its planned sale to Level One Bancorp due to regulatory delays and an improvement in Oxford's financial condition.

Clarkston Financial in Michigan has implemented a 10-for-1 reverse stock split.

BNC Bancorp in High Point, N.C., has agreed to buy Randolph Bank & Trust in Asheboro, N.C.

Airlines and payment companies have not traditionally targeted small businesses for travel rewards, but Chase Paymentech and United Airlines hope that by making business-related purchases easier to manage, small businesses will seek out airline miles programs.

The Consumer Financial Protection Bureau has managed to take one of the most controversial provisions of the Dodd-Frank Act — a rule that would effectively redefine the mortgage market — and craft it in a way to please both the banking industry and consumer groups.

For the second year in a row, Harvard Illinois Bancorp and its management have prevailed in a proxy battle with activist investor Joseph Stilwell.

The Treasury Department plans to auction its remaining stakes in 16 banks as it continues to unwind its holdings from the Troubled Asset Relief Program.

Credit unions added 800,000 new members in the first quarter of the year, the best quarter ever for membership growth, the National Credit Union Administration said on Thursday.