A former head of commercial real estate at Wilmington Trust was charged with bank fraud, bribery and money laundering, the Office of the Special Inspector General for the Troubled Asset Relief Program announced Friday.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Fourth-quarter results benefited from banks' ongoing efforts to work through problematic loans and foreclosures, though more industry observers expect to see this activity taper off in 2014.

CommunityOne Bancorp (COB) in Asheboro, N.C., reported its second consecutive quarterly profit.

New technology from Apple and others can help banks create appointments, share offers, crowdsource customer service and identify their best customers, all in real time.

Clifton Savings Bancorp (CSBK) in Clifton, N.J., has received approval from the Federal Reserve Board to start a second-step conversion.

Minden Bancorp (MDNB) in Minden, La., plans to deregister with the Securities and Exchange Commission.

Americans who buy prepaid cards from banks spend less on fees than those who buy their cards from nonbanks, according to new research from the Pew Charitable Trusts.

The Ohio company expects to receive an additional $46 million from loans it had marked impaired when it bought Citizens Republic. Management also expects more cost cutting than it originally projected.

Executives at Magna Bank in Memphis took a chance on expanding their multifamily practice to low-income developments, and it seems to have been a good business move.

Central Pacific Financial (CPF) in Honolulu has revised its fourth-quarter earnings and now says it earned $10.3 million, or 24 cents per share, for the three months that ended Dec. 31, compared to the $9 million, or 21 cents per share, it had previously reported.

Money market funds possess trillions of dollars of short-term institutional investor funds. Now the SEC’s proposed rule change for the industry may give banks an opportunity to attract institutional depositors with cash management offerings.

Community banks exist to serve their customers and communities, not efficiency ratio-obsessed market observers.

A Connecticut man has been sentenced to 18 months in federal prison for his role in a mortgage fraud scheme that cost financial institutions millions of dollars.

Strong loan and asset growth powered the Internet banking company BofI Holding (BOFI) to record profits in the quarter that ended Dec. 31.

Santander Bank, formerly Sovereign Bank, has launched a rewards-heavy credit card and made other creative retail moves in the U.S. as it tries to establish an identity beyond that of the foreign-owned bank with the tricky name.

A little-known dissident investor wants the company to sell. Another shareholder is comfortable giving management them more time to become profitable. A key issue involves the company's deferred-tax asset.

Cascade Bancorp (CACB) in Bend, Ore., reported lower quarterly profits as merger costs drove up noninterest expenses.

Bankers had more optimism about market conditions in December, fueled by accelerated activity in commercial lending and improved loan pricing.