Clear communication is critical when banks undergo a leadership or operational change.

More details have surfaced about Interactive Brokers' planned bank. It would accept deposits and originate loans through an online channel only, its application says.

While layoffs at big banks get the headlines, small and midsize lenders are also trimming payrolls in response to lower rates and fears that a recession is getting closer.

The FDIC ordered the Seattle bank to pay a nearly $1.4 million fine tied to improper agreements with real estate brokers and homebuilders.

The Maryland company agreed to acquire Rembert Pendleton Jackson, which has $1.3 billion in assets under management.

Recent closings could portend a stiffer regulatory stance on capital adequacy and risk.

A group affiliated with Interactive Brokers Group has filed an application with the FDIC to form Interactive Bank.

Tri County Financial will pay an undisclosed amount for H.F. Gehant Bancorp.

The California company agreed to pay $14 million in cash for a bank with $131 million in assets.

First Horizon and Iberiabank solidified their resolve after BB&T and SunTrust announced their merger. Bryan Jordan, First Horizon's CEO, says he's convinced the earlier deal is having a similar influence at other regional banks.

The proposed Verdigris Bank would rely heavily on technology, applicants say.

The deal will create a Southeastern regional with $75 billion in assets across 11 states.

The Phoenix company did not say why James Haught, who was also chief operating officer, left.

The FDIC sold the operations of City National Bank of New Jersey, a minority depository institution, to Industrial Bank in Washington, D.C., in the year's fourth bank closing.

Panelists at the ABA's annual conference said that reviewing and updating procedures and marketing tactics can help bring in more accounts.

The Dallas company said it should be able to avoid restating past financial results. It also reported higher quarterly earnings helped by increased mortgage activity.

The credit they received in the third quarter is helping to soften the blow from falling net interest margins and weakening loan demand.

The Tennessee company, which was outbid in an effort to buy a North Carolina bank earlier this year, will pay $41 million for a branch network in the middle part of its home state.

The Pennsylvania company will pay $346 million for MutualFirst Financial.

Executives at banks in California say there's only so much they can do until the flames subside.