Retail & Commercial

Alliance Bank & Trust in Gastonia, N.C., has a new chief executive.

Jerry Craft, head of Corserv Solutions in Atlanta, says he has solved a longtime credit card dilemma for community banks.

The $3.8 billion-asset Provident said Thursday it would pay $344 million in stock for Sterling, or about 1.3 shares of Provident stock for each Sterling share.

Recent enforcement actions indicate banks must get better at evaluating the risks associated with their third-party service providers.

Atlantic Coast Financial in Jacksonville expected disgruntled shareholder Jay Sidhu to blast its deal to sell itself to Bond Street Holdings — and he came through.

The independent foreclosure review process was disorganized, ineffective and inconsistent, according to a draft report by the Government Accountability Office.

Mobile commerce and digital payments are producing a staggering amount of information about consumers. Making the best use of this data is a challenge that some companies are trying overcome with technology and analytics.

JPMorgan Chase (JPM), the biggest U.S. bank, defeated most of a lawsuit brought by Dexia over about $1.6 billion in mortgage-backed securities it bought before the financial crisis.

Shareholders will vote on a proposal to rename it CommunityOne Bancorp at their annual meeting on June 20, FNB United said Wednesday. Its board has already approved the change.

New Hampshire Thrift Bancshares (NHTB) in Newport has agreed to buy Central Financial Corp. (CEVT) in Randolph, Vt.