Retail & Commercial

BNC Bancorp in High Point, N.C., has completed its acquisition of KeySource Financial nearly 10 months after announcing the deal.

Three Ohio credit unions have completed a rare three-institution merger to form Pathways Financial Credit Union.

Flickers of life in the housing market are prompting homebuilders to seek revolving lines of credit from banks for the first time in several years. They are getting them, and money from the debt and equity markets, too.

Broadway Financial (BYFC) in Los Angeles has increased its 2011 loss by 45%, to $15.4 million, after restating its financial results.

The holidays came six months early for some credit unions this year, in the form of an NCUA ruling that allows remote teller technology to qualify as service facilities.

Congress has punched traditional bankers in the nose, and if we do nothing in the next 50 days, they will continue this abuse with impunity.

Issuers are finding more and more sophisticated ways to entice consumers to swipe their cards over those of their rival banks.

MISSION VIEJO, Calif. – Navy FCU will open a new branch here this morning, its 32nd in California, which will serve the 8,700 Department of Defense, military, civilian members, and their families in Orange County.

The Missouri Division of Finance closed the $282.3 million-asset Truman Bank in St. Louis on Friday. The Federal Deposit Insurance Corp. entered into an agreement with Simmons First National Bank in Pine Bluff, Ark., to buy the bank's assets and assume its $245.7 million in deposits.

First Bancshares (FBSI) in Mountain Grove, Mo., said that fewer troubled loans helped it turn a profit in the fiscal fourth quarter that ended June 30.