Banking

Think you have time to wait to get in the M&A game? Think again, says Lynn Fuller of Heartland Financial in Iowa, who sees the next two years as the time to bulk up his multistate bank before prices soar.

Lawmakers and industry officials continue to issue warnings about the impact of the Consumer Financial Protection Bureau's ability-to-pay rule, despite recent efforts by the agency to amend certain provisions to assuage some industry concerns.

People's Utah Bancorp in American Fork is buying Lewiston Bancorp in Lewiston, Utah.

The OCC's third risk report cited put cybersecurity as the second biggest worry for bankers, right after struggles to maintain revenue.

Former collection agency executive Patrick Pinto pleaded guilty Tuesday to one count of conspiring to commit bank bribery while he was an executive of Oxford Collection Agency, according to Deirdre M. Daly, Acting U.S. Attorney for the District of Connecticut.

The nation's biggest banks are steeling themselves for a simulated cyberattack that organizers say will feel like the real thing.

Intervest Bancshares bid successfully for some of its own shares in a recent Treasury Department auction.

Credit card chargeoff rates declined in May, defying the usual seasonal pattern. Loan growth remains elusive.

Small-business owners are feeling more bullish about the economy than they have in three years, a new Citigroup (NYSE: C) study has found.

Chris Sawyer, an executive at Altrust Financial, says there are several factors behind the company’s decision to merge its banks.

Tracey Weber, Bank Technology News' Mobile Banker of the Year for 2012, is planning to leave Citigroup at the end of June. The bank says she is leaving "to pursue other interests."

Mobile transactions at ATMs are expected to become the fastest-growing service in the coming years, according to a new international survey published Tuesday by the ATM Industry Association (ATMIA).

M&T had delayed plans to buy Hudson City Bancorp because of the Federal Reserve's compliance concerns, and an order made public Tuesday details what the Buffalo, N.Y., company has to fix.

Even great bankers cannot succeed when forced to compete in a market with an influx of new banks and a shortage of skilled bankers, wise directors, and experienced regulators.

Capital One Financial (COF), the lender that agreed to pay $210 million to settle U.S. charges of deceptive marketing of credit-card products, hired the nation's top immigration official to head compliance operations.

Ellie Mae (ELLI) has upgraded its mortgage management system, Encompass360, to include over 200 new features.

Punchey's tossing its hat into the mobile payments ring with a mix of mobile card acceptance, social network-driven marketing and other services designed for merchants that handle larger payments.

Two collection agencies in Western New York have announced a merger. Terms of the deal were not disclosed.

JACKSONVILLE, Ark. – Arkansas FCU announced this morning it signed with Diebold to provide it with a full suite of integrated services to simplify management, maintenance and compliance for the credit union’s fleet of 32 ATMs.