Several small banks are beginning to offer employer-based loans, a payday loan alternative for under-banked consumers.

Bank of the Ozarks' willingness to buy C1 Financial in Florida depended, in part, on CEO Trevor Burgess staying with the company, regulatory filings show. Bank of the Ozarks also insisted that C1 sell $43 million in Brazilian loans before agreeing to a $403 million merger.

MainSource Financial Group in Greensburg, Ind., has named Karen Woods as chief risk officer and corporate counsel.

Enterprise Financial Services in Clayton, Mo., has announced the retirement of its bank's executive chairman and chief credit officer.

Northway Bank in Berlin, N.H., has exited the Small Business Lending Fund.

Carolina Financial in Charleston, S.C., has agreed to buy Congaree Bancshares in Cayce, S.C.

Subpar mentoring programs for recruits new to the banking industry could be the reason institutions are finding it hard to keep new talent.

BancorpSouth in Tupelo, Miss., has agreed to settle a lawsuit tied to how it determines overdraft fees on debit card and ATM transactions.

OceanFirst Financial in Toms River, N.J., has agreed to buy Cape Bancorp in Cape May Court House, N.J.

Consumer credit is better than ever before, even as Americans households have started levering up. But the big question for banks looking to re-commit to consumer lending is how.

Banking industry officials hailed changes Tuesday to a Financial Accounting Standards Board rule that they have long complained unfairly distorts banks' quarterly earnings.

Community Shores Bank Corp. in Muskegon, Mich., has raised about $5.3 million and has been released from an enforcement action.

Grant Bancshares in Natchitoches, La., has acquired Bank of Ringgold in Louisiana.

Four Oaks Fincorp in Four Oaks, N.C., has appointed Lisa Herring chief operating officer of the company and Four Oaks Bank & Trust.

Oak Valley Bancorp in Oakdale, Calif., has promoted Jeff Gall to chief financial officer. Gall had been the vice president of finance and accounting.

The number of locally owned banks in Westchester County has shrunk from 25 institutions in the 1970s to just four today. PCSB, which moved its headquarters to the county after buying a local bank, hopes to settle in quickly.

Banks have made changes to overdrafts, such as lowering fees offering clearer explanations. They better, as the CFPB will soon offer new rules for overdrafts. Plus, overdraft revenue has declined at many banks. Still unanswered is the question of how to offer short-term credit, if overdrafts disappear.

Riverview Financial in Harrisburg, Pa., has completed an acquisition that it had shelved last summer.

Sierra Bancorp in Porterville, Calif., has agreed to buy Coast Bancorp in San Luis Obispo, Calif.

If impending rules on overdraft protection go too far, banks could intentionally pull back on providing the service to illustrate just how useful it is.