Retail & Commercial

The government agency has waived a compliance requirement for smaller community banks, removing a costly barrier of entry for hundreds of institutions.

United Community Bancorp (UCBA) in Lawrenceburg, Ind., has completed the stock offering for its second-step conversion.

The country's biggest originator of home loans is gearing up for a big push in the Tempe and Phoenix areas.

The $2.5 billion-asset bank, which already makes home loans in Minnesota, said Tuesday that it is bulking up in the state by acquiring The Business Bank in Minneapolis and its mortgage subsidiary, Prime Mortgage.

Rep. Greg Walden (R-Ore.) on Monday announced plans to introduce legislation to take away the Treasury Department's ability to mint money to pay the federal government's bills.

Community banks participating in a government program upped their lending to small businesses by $7.4 billion over baseline levels during the third quarter, according to a report released Tuesday by the Treasury Department.

First Niagara Financial Group in Buffalo has snagged a veteran banker from Citizens Financial Group.

Shelter Insurance joins the growing list of insurers that are unwinding their banks amid mounting costs related to Dodd-Frank.

The Federal Reserve Board has terminated an enforcement action against Farmers State Bank in Victor, Mont.

Issuers exempt from the interchange fee cap should continue to promote activation and use of their debit cards by way of issuer-sponsored and merchant-funded rewards.