The pervasiveness of consumers' credit problems highlights why the Consumer Financial Protection Bureau's upcoming short-term lending rules should avoid unintended consequences.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

Coastal Carolina Bancshares in Myrtle Beach, S.C., said in a press release Thursday that it will pay $12.2 million in cash and stock for VistaBank in Aiken, S.C.

The $1.6 billion-asset company said in a press release Thursday that Anders Tomson will succeed Ronald Bentley as its CEO at the end of the year.

The disruption of the taxi industry caused by Uber and Lyft continues to hurt banks that finance taxi medallions. Anticipating more chargeoffs to come, these banks are aggressively boosting their reserves, restructuring delinquent loans and reselling or leasing out foreclosed medallions.

Banks have a hard time figuring out millennials, those born between the early 1980s and 2000. Many millennials don't remember a world without the Internet, plenty entered adulthood during the thick of the financial crisis and the generation is broadly considered one willing to vote with its feet. Several firms have tried to demystify millennials for bankers. The following is a look at some of the data.

The state of Illinois has spent more than $900 million on penalties for not paying its bills on time over the past six years, according to the Chicago-based government watchdog group, Civic Federation.

The distributed ledger technology has an answer for updating every core function of the antiquated financial system.

Guaranty Federal Bancshares in Springfield, Mo., has elected James Batten, a director of the company since 2006, as its next chairman.

The total balance of write-offs year-to-date through March for first mortgages, home equity lines of credit and home equity loans is $9.5 billion, a nine-year low for Q1 and a year-over-year decrease of 22.7%, according to Equifax's National Consumer Credit Trends Report.

RealtyTrac's latest U.S. Residential Property Loan Origination Report shows 1.4 million loans were originated on U.S. residential properties in the first quarter, the lowest level since the first quarter of 2014.

Small-scale financial services companies such as storefront lenders and local money transmitters which use technology should have a choice of whether they are regulated by a state or federal regime.

Blockchain, the distributed ledger technology commonly associated with bitcoin, is getting a lot of attention as a way to jettison fee-snagging correspondent banks from remittances, but Align Commerce insists blockchain has even more uses.

The head of a small bank in Massachusetts has negotiated a $1.3 million change-in-control payment when his bank gets sold even though he will remain with the new company. Investors in the seller complain that's unfair, but others say it can be a mutually beneficial incentive for M&A dealmakers.

The Consumer Financial Protection Bureau has charged a Mississippi company with refusing to disclose check-cashing fees to consumers, deceptively pressuring borrowers into taking out multiple payday loans and keeping overpayments.

Truxton Trust's approach is just one strategy banks are using attract more wealthy clients. But whether they are exploring out-of-market opportunities, staying local or employing robo-advisers, banks all have the same goals: to generate more fee income at a time when margins from lending continue to shrink.

The CFPB filed a lawsuit Wednesday charging a check casher and payday lending company of tricking and trapping customers at its 43 stores in Mississippi and at locations in Louisiana and Alabama.

Say what you will about these companies' longevity, were it not for the likes of Lending Club you wouldn't see banks like Wells Fargo introducing expedited loan products.

Can't anybody get along … for even five minutes? JPMorgan Chase's Jamie Dimon called community banking leader Cam Fine a "jerk" on cable television. Fine responded by blasting megabanks for their role in the financial crisis.

Seacoast Banking in Florida is facing pressure from CapGen, its biggest investor, to generate better returns or sell to a larger institution.