The Federal Reserve Board has announced the termination of regulatory orders with four lenders Thursday: FNB United (now named CommunityOne Bancorp), Highland Bancshares, National Consumer Cooperative Bank and NCB Financial.

Stephen Carpenter will step down as CU Bancorp's vice chairman and become a director emeritus at the end of the year, the $1.3 billion-asset company said Thursday.

Southern Missouri Bancorp (SMBC) in Poplar Bluff has agreed to buy Citizens State Bankshares of Bald Knob in Arkansas.

The share of U.S. mortgages that are seriously delinquent fell to a five-year low as job gains help borrowers keep up on payments while rising home prices enable others to sell.

U.S. Bank (USB) will have to face a lawsuit alleging that it helped a Ponzi schemer steal hundreds of millions from his clients, a judge ruled Tuesday.

International Bancshares (IBOC) in Laredo, Texas, reported a rise in quarterly profit as its net interest income ticked up.

Banks that best leverage customer loyalty are accelerating the digital transformation, catering to select demographics and actively selling products to new and existing customers.

Hudson Valley Holding (HVB) in Yonkers, N.Y., is launching an asset-based lending business.

Fannie Mae will pay the Treasury Department $8.6 billion after reporting a seventh consecutive quarterly profit on continued recovery in the housing market.

The executive carousel keeps turning among Korean-American banks. BBCN Bancorp in Los Angeles has hired Daniel Kim as its chief planning officer. Kim is CFO and acting president at Saehan Bancorp, which is in the process of selling itself.

Some banks have been successful in serving a client base that ranges from mom-and-pop operations to multinational conglomerates, but the most profitable and efficient ones tend to have more targeted strategies, according to a new report from McKinsey & Co.

The former chief executive and chairman of Bank of the Commonwealth in Norfolk, Va., has been sentenced to 23 years in federal prison for spearheading a fraud scheme that led to the failure of the bank.

Bank of America Corp. is negotiating with the Consumer Financial Protection Bureau to settle allegations it deceived customers in the sales of credit-card add-on products.

George Pelose will step down during the first quarte, the $673 million-asset company said Wednesday.

The debt collection industry is gearing up for a major shake-up as the Consumer Financial Protection Bureau looks to revamp rules that will likely cover every player in the market, from first-person creditors down to the buyers of others' debts.

Flagstar Bancorp (FBC) in Troy, Mich., has agreed to pay Fannie Mae $93.5 million to resolve repurchase claims on mortgages it sold to Fannie that later soured.

PwC Banking & Capital Markets Advisory Co-Leader, Dave Hoffman, explains how financial institutions can best serve the mass affluent market.

Middle-market and corporate chief financial officers are approaching risk management with a fresh bounce in their step, according to a new survey from TD Bank.

The agency has set up a database in which borrowers can file complaints about excessive fees, incorrect charges or other problems with payday loans, the CFPB announced Wednesday.

Capital Funding Group in Baltimore is selling its CFG bank unit after four years of ownership to concentrate on the less-regulated field of health-care financing. It joins a wave of firms that are streamlining themselves in the face of Basel III and other regulations.