Retail & Commercial

Small LowellBank is turning to Jack Henry for teller automation and online bill pay as well as core automation.

The merchant-funded rewards provider recently began testing a geolocation service that delivers offers from merchants when customers are within walking distance.

Continued monetary easing by the Fed would further squeeze margins, encourage undue risk-taking, and spark prepayments in bond portfolios without juicing loan demand, community bankers warn.

Mary Wisniewski finds MoneyDesktop, LearnVest, and Dashlane among the worthy early Finovate demoers.

First Commercial Bancshares will to sell a branch in Norman, Oklahoma. The Edmond, Okla., company has been focusing more on Colorado, where it has four branches.

MetLife is still waiting to free itself from oversight by banking regulators.

The Santa Rosa, Calif., thrift is the latest lender to be targeted by the Justice Department for allegedly discriminating against minorities.

Citizens Republic had been rumored to be on the block for several weeks. Analysts are also calling the deal significant, but pricey, for FirstMerit.

If housing continues to show signs of stabilization, it is possible that the FHA's mortgage insurance fund will not require a bailout. The agency's been smart lately, but also lucky.

Illinois soared to the highest foreclosure rate in the U.S. last month as job losses mounted, luring investors that scoured the state for homes priced at half of peak values.