Retail & Commercial

Limiting the number of overdraft fees could cause consumers to miss important payments, be denied necessities and wind up with negative information on their credit reports.

Royal Bancshares of Pennsylvania (RBPAA) is planning to aggressively cut expenses after its losses deepened in the fourth quarter.

Generations Bank's interest in developing a program to help low-income residents of the Finger Lakes region buy cars to get to and from work began at a coffee counter.

More states have introduced bills that would prohibit retailers from adding surcharges to credit card transactions. Few, if any, actually do so, but an outright ban could further weaken their negotiating power with Visa and MasterCard.

Cordia Bancorp has taken full ownership of Bank of Virginia.

Bryn Mawr Bank in Pennsylvania It has agreed to buy MidCoast Community Bancorp in Wilmington, Del.

Glacier Bancorp in Kalispell, Mont., has agreed to buy North Cascades National Bank in Chelan, Wash.

Tailoring a bank's loan policy to the business available in its trade area tends to effectively reduce loan losses and prevent major credit debacles.

Brian Moynihan, who endured record losses and public thrashings while cleaning up Bank of America Corp.'s mortgage mess, said he wouldn't mind being chief executive officer of the lender forever.

ORONO, Maine – University CU is planning to build a new, 16,000-square-foot Greek Revival-style structure that will serve as its administrative offices here.