Medallion Financial, trying to diversify beyond its traditional business of financing taxi drivers, plans to issue loans on behalf of web-based lenders. But that new strategy faces some potential pitfalls.

The $13.1 billion-asset parent company of PlainsCapital Bank named William Furr CFO, effective Sept. 1.

First Defiance Financial in Defiance, Ohio, has agreed to pay $63 million for Commercial Bancshares, the $342 million-asset parent of Commercial Savings Bank.

United Bankshares in West Virginia has quietly become a $14 billion-asset player in its region thanks to the M&A strategy of its highly respected leader, Richard Adams, who has a way of establishing a rapport with community bank chiefs. One recent seller is a repeat customer.

Democratic presidential nominee Hillary Clinton again pledged Tuesday to grant relief to small banks and credit unions if elected president, making her most high-profile commitment to the idea yet — but analysts were skeptical of her ability to get it across the finish line.

Southern First Bank in Greenville, S.C., and Five Star Bank in Warsaw, N.Y., are entering new markets.

The latest lending figures show just how prodigious banks' shift from construction to C&I loans has been since the crisis. Yet a hard look at C&I credits, especially their loss rates, raises questions about whether they are safer.

In a belated regulatory filing, Carver Bancorp in New York said its profits in the quarter that ended June 30 fell 8% from a year earlier, to $408,000, due to a double-digit increase in expenses.

Democratic presidential nominee Hillary Clinton renewed her pledge Tuesday to cut regulations for community banks and credit unions while also signaling plans to embrace the burgeoning fintech sector.

Howard Bank in Ellicott City, Md., has recruited a trio of BB&T executives to grow its commercial business.

The Windy City is littered with small, privately held banks, some of which are looking to sell. Here is an overview of the challenges — and possible solutions — faced by those banks and ones like them in clogged banking markets around the country.

The holding company for Tennessee's FirstBank plans to hold an initial public offering, in order to make more than $65 million in distributions and debt repayments to its chairman.

The Georgia Department of Banking and Finance closed the $21.4 million-asset Woodbury Banking Company on Friday, marking this year's fourth bank failure.

The chairman of First National Bank of Santa Fe has accepted additional duties ahead of the bank's upcoming merger.

The longtime chairman and chief executive of Cathay General Bancorp will relinquish his CEO title this fall and the company's bank president is set to succeed him.

Banking activity clung to a modest level of expansion in July according to the latest reading of American Banker's Index of Banking Activity, edging up from a relatively weak reading a month earlier.

The IBA Composite Index rose to 55.4 in July compared to 54.9 in June. That June reading had been the weakest for the IBA since January.

A noteworthy contributor to the gain came from a rise in the component that tracks real estate conditions across respondents' local markets. That component climbed to a reading of 57.3, up from 54.2 in June, with bankers in the Northeast and West signaling the strongest improvements.

The July survey was not uniformly positive however. Respondents continue to report pressure on pricing for new loan business, and the July survey also saw some falloff in the pace of growth for consumer-loan applications, particularly in the South.

In addition, bankers continue to express frustration with net interest margins, a concern unlikely to abate soon given uncertainty about the Federal Reserve's plans for interest rates over the next few months.

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Previous natural disasters in the Gulf region have taught banks like MidSouth, Regions and Hancock how to swing into action to help customers and manage sudden risks.

Citizens Community Bancorp in Eau Claire, Wis., said it plans to close four branches in Walmart stores in mid-November.