Collections giant NCO Financial Systems is closing the health care program at its Columbus, Ohio office in January, putting 85 people out of work.

The two lenders are the largest issuers of deferred-interest credit cards and would be most affected by a CFPB crackdown on the product, a new report suggests.

The regulatory and business environment makes most transformational deals highly unattractive and potentially dangerous for big banks, according to the leaders of Bank of America, U.S. Bancorp and PNC.

In its third acquisition deal this year, Independent Bank Group (IBTX) in McKinney, Texas, has agreed to buy BOH Holdings in Houston.

LSB Financial (LSBI) in Lafayette, Ind., has been released from a formal agreement with the Office of the Comptroller of the Currency.

Industry representatives say the Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency's guidance puts the future of deposit advance in doubt, while regulators say they are simply urging better underwriting and risk management.

Community Bankers Trust (ESXB) in Glen Allen, Va., has redeemed $2.5 million of preferred shares issued to the Treasury Department under the Troubled Asset Relief Program.

Joseph Bella, who operates several debt collection companies in the Buffalo region, is accused of illegally contacting borrowers' employers in search of information about their Social Security numbers, hourly wages and hiring dates.

Fidelity Bank in Massachusetts needed a new branch in Millbury, the local Veterans of Foreign Wars hall needed a makeover, so the two parties struck an unusual real estate deal.

Porter Bancorp (PBIB) in Louisville, Ky., has named John Taylor as the company's permanent chief executive and as chairman of its subsidiary, PBI Bank.

Joseph Bella, the operator of several collection agencies in the Buffalo, N.Y. area, agreed to pay $165,000 in restitution and penalties in a settlement announced Thursday by New York Attorney General Eric T. Schneiderman's office.

Tim Howard, dismissed with former CEO Franklin Raines in late 2004, claims in a new book, "The Mortgage Wars," that the GSE was quite healthy — but was the victim of vicious attacks by a banking lobbyist group and regulators.

Timothy Howard is adamant that a private-market fix will not work, though letting GSEs keep holding mortgages is too controversial to get Congressional approval

Amalgamated Bank in New York, N.Y., has appointed one of its former leaders to temporarily replace its president and chief executive.

"I would use this," Mom said, "if there was a place nearby that accepted it." Mobile adoption confronts the classic chicken-or-egg conundrum.

The operators of an Atlanta-based company have agreed to settle Federal Trade Commission allegations that they crammed charges on consumers’ cell phone bills without their consent, causing more than $10 million in consumer injury.

M&T Bank (MTB) in Buffalo, N.Y., is launching a pilot program that aims to curb mortgage defaults by helping struggling homeowners find jobs.

Clifton Savings Bancorp (CSBK) in Clifton, N.J., is moving forward with a long-planned second-step conversion.

First Bank in Hamilton, N.J., raised approximately $23 million in its initial public offering, according to a Wednesday press release.

The SBA suspends fees to promote more lending below the $150,000 level.