Retail & Commercial

An investor group that includes a former executive of Ohio State Bank and Commercial Savings Bank of Ohio has reached a deal to buy Citizens Bank of De Graff.

Capital is important, but ample loan-loss reserves, governed by stringent supervision, are a much more direct, responsive way to account for credit risk.

JPMorgan Chase reached a settlement with the SEC to resolve two investigations related to mortgage-backed bonds handled by JPMorgan and Bear Stearns, which the bank acquired in 2008.

A requirement by Valley National Bank in Tulsa that branch visitors remove anything covering their faces discriminates against Muslims, a civil liberties group says.

Several months after Starbucks announced it was investing $25 million in Square, it has begun accepting the mobile-pay company's digital wallet at its roughly 7,000 retail stores.

American Express has been inching its way downmarket through a series of partnerships with companies involved in social media and online games. Its latest move may be its biggest yet — Amex is paying cardholders for playing and completing the latest installment in the massively popular Halo video game series.

WICHITA, Kan. – Wichita FCU on Saturday will break ground on a 10,000-square-foot facility in East Wichita that will be its main branch.

Enterprise Financial Services (EFSC) in St. Louis, Mo., has repurchased the $35 million of preferred stock it had issued to the Treasury Department under the Troubled Asset Relief Program.

Peapack-Gladstone Financial (PGC) in Bedminster, N.J., said that it doesn't expect any material losses tied to damage Hurricane Sandy inflicted on collateral properties.

Standard Bancshares in Hickory Hills, Ill., announced on Wednesday that it had entered into a set of definitive agreements with a consortium of private-equity investors for more than $130 million.