Retail & Commercial

Elmira Savings Bank (ESBK) in New York is scaling back its involvement in the Treasury Department's small-business lending fund.

Municipal Employees Credit Union in Baltimore has agreed to buy Advance Bank.

Capitol Bancorp's (CBCRQ) deal to sell a struggling New Mexico subsidiary has fallen through.

Banks are increasing their research and monitoring of third parties as regulators take a closer look at outsourcing.

Many regional banks are too small to face the most onerous capital requirements yet big enough to grapple with the growing mountain of regulations. That, and some deft positioning, has left the group more profitable than its larger and smaller brethren alike. American Banker editors discuss the success of the regionals and the challenges they face.

Regulators have ordered Germany's Nordbank to improve anti-money-laundering safeguards at its New York branch.

The Consumer Financial Protection Bureau announced four enforcement actions Thursday against mortgage insurers, ordering them to pay $15 million in penalties and stop "improper kickbacks" to mortgage lenders in exchange for business.

FHFA's decision to sell foreclosures in bulk is hindering the rising Hispanic consumer segment, along with other first-time buyers, from driving a healthy housing rebound.

HopFed Bancorp in Hopkinsville, Ky., has drawn the ire of activist investor Joseph Stilwell over its recent agreement to buy another bank.

Intrust Bank in Wichita, Kan., has promoted its longtime chief operating officer to become its president.