Retail & Commercial

Bankers pointed to still-tepid credit demand as lending lost momentum in the first quarter, and worries over deteriorating standards and pricing.

PayPal's long-watched partnership with Discover, which will allow Discover merchants to accept PayPal payments at the point of sale, is on track to launch April 19.

Even though prepaid cards are already widely considered a product for the underbanked, usage patterns are showing more clearly just how different prepaid card users are from bank customers.

David Rom, who helped found the $156 million-asset bank in 2006, stepped down as CEO on April 1, according to a report published Tuesday in the Minneapolis / St. Paul Business Journal. He was replaced by Tom Jacobson, who was the bank's chief operating officer.

What's the most inane complaint your bank has ever received?

A lack of communication allowed a number of banks to use funds from the small-business lending program to pay dividends or exit Tarp, Christy Romero wrote in a report issued Tuesday.

Wells Fargo will pay $850,000 to settle a class-action that charges the company docked workers' pay for credit checks that did not result in loans.

A spike in stock prices and lingering capital concerns should make bankers wary of buying back shares in the near term.

There were more deals announced in the Midwest than in any other U.S. region last year.

Uwharrie Capital Corp. (UWHR) in Albemarle, N.C., has repaid more than three-fourths of the money it took through the Troubled Asset Relief Program.