Retail & Commercial

RBS Citizens Financial Group and TD Bank have won tentative approval to settle a class-action lawsuit that charges them with imposing excessive overdraft fees on debit-card users.

First California Financial Group is on the verge of announcing an agreement to sell itself, possibly to UnionBanCal or CVB Financial — and not hostile bidder PacWest, sources familiar with the matter say.

VIENNA, Va. – Navy FCU plans to open a new branch in Savannah, Ga., a mile away from Hunter Army Airfield, to serve 8,000 members in the area.

GROTON, Conn. – Charter Oak FCU has begun construction on its $18-million, 65,000-square-foot headquarters and branch project in nearby Waterford.

The selection of Tim Pawlenty as the Financial Services Roundtable's new CEO was a shock to those inside and outside Washington. We answer frequently asked questions about why he was chosen and what it means for the Roundtable — and the industry.

The advantages a public company has in buying open banks outweighed the relatively low pricing of its initial public offering, National Bank Holdings CEO Timothy Laney said on its first day of trading.

Fannie Mae is telling small lenders and servicers that it will cap the volume of loans they can sell to the government-sponsored enterprise based on their net worth and other factors, National Mortgage News has learned.

The Alabama lender says it intends to lower fees and relax repayment terms in response to customer feedback, not criticism from consumer groups.

The Federal Reserve Board has terminated written agreements with Capital Community Bancorp. in Provo, Utah, and Coconut Grove Bank in Miami.

The Cincinnati company will continue to sponsor Roush Fenway Racing next year, despite the abrupt departure of Matt Kenseth.