By adding new processing capabilities, the bank is extending payment acceptance to include varied online payment methods for corporate clients that have international footprints.

Fifty community banks across the country received $767 million in the latest round of funding from the Small Business Lending Fund, the Treasury Department said Wednesday.

After months of rumors, Bank of America made it official Wednesday morning, saying it would exit the correspondent mortgage space, where it ranks second nationwide.

Swope Montgomery, the longtime CEO of BNC Bancorp in High Point, N.C., details his growth strategies, cautions on deals and the risks and rewards of private equity.

A $9.07 a share, Beach Business Bank's comes at a 53% premium to the Manhattan Beach, Calif., seller's closing price.

The banking industry is reeling from a slowdown in the economy that could last years and layoffs in this industry will be severe. Bank of America leads the list with announcing that it will lay off 10,000 employees and UBS is geared to lay off 3,500, however, this round of layoffs will touch not only the large banks, but also community and regional banks.

Sun Bancorp Inc. in Vineland, N.J., announced Tuesday that it has filed a shelf registration statement with the Securities and Exchange Commission seeking approval to raise up to $150 million that it could use to fund future growth.

Heartland Financial USA Inc. in Dubuque, Iowa was approved for up to $81.7 million in the Small Business Lending Fund, the largest amount publicly announced.

The Federal Reserve Bank of Chicago has ordered CB Holding Corp. in Aledo, Ill., to serve as a source of strength for its struggling bank unit, Country Bank.

MidSouth Bancorp Inc. has long said that pricing has been to irrational in M&A. News that interest rates will stay low, however, may force an inflection point for sellers.

One of my mantras over the past few years has been that as our industry becomes more technology-driven and our products and services more commoditized, our people become more important, not less.

Waccamaw Bankshares Inc. in Whiteville, N.C., has until late September to file certain financial statements with the Securities and Exchange or else its thinly traded stock could be removed from the Nasdaq exchange.

As part of its ongoing effort to bolster its capital base, embattled Capitol Bancorp Ltd. is selling its ownership stake in an Ohio bank it co-founded to a group of local investors.

MidSouth Bancorp Inc. said Tuesday it will buy First Louisiana National Bank for $11.5 million in cash and 725,000 shares of common stock.

Fannie Mae has agreed to settle multimillion-dollar claims brought by several of the biggest victims of the massive CU National Mortgage scandal, more than two years after the fraud brought down the largest independent mortgage wholesale provider to credit unions.

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Banks seemed to dodge the projected worst-case scenarios outlined for Irene due to a lighter punch from the storm and extensive contingency plans from management teams at banks from North Carolina to Maine.

Private equity firms and hedge funds are forcing the banks they invest in to clean up problem loans, and it's starting to show in the data.

Comerica is eliminating roughly 300 jobs in Houston in connection with its July acquisition of Sterling Bancshares.

Loans or other investments that "revitalize or stabilize federally designated disaster areas" could help boost banks' scores on Community Reinvestment Act exams, the FDIC said in a letter to institutions.