A top executive at Heartland Financial in Dubuque, Iowa, is leaving for a job in the manufacturing sector.

A sales pitch from Bank of America implies that its refinancing offer is in the borrower's best interest. Never mind that it would raise the customer's interest rate and add 10 years to the overall life of the loan.

Pennsylvania Dutch country could get the first de novo bank to open in the U.S. in more than two years.

The $120 billion-asset company has made a tender offer for certain debt of Union Planters Preferred Funding, a REIT subsidiary that it then plans to dissolve, it said Monday.

The $168 million-asset asset lender is offering as many as 500,000 shares at $10 per share, it announced Monday. The stock closed Friday at $9.85 a share; it had risen 1.5%, to $10, at midday Monday.

West Bancorp. (WTBA) in Des Moines, Iowa, is taking advantage of low interest rates to buy back a chunk of its stock.

Research indicates education from a counselor who helps homeowners understand the terms of their mortgages should be part of the formula for sustainable homeownership.

The banking unit of FNB United in Asheboro, N.C., has been freed from a regulatory order and has completed its integration of the Bank of Granite.

Huntington Bancshares (HBAN) has hired Jeff Sturm, a financial technology veteran most recently with Fiserv, to find ways to improve customer service and contain costs.

Meta Financial Group (CASH) in Sioux Falls, S.D., plans to raise up to $20 million by selling common stock.

Deloitte Corporate Finance has acquired McColl Partners, a middle-market investment bank founded by retired Bank of America Chief Executive Hugh McColl.

Wells Fargo (WFC) has been acquitted by a jury of giving kickbacks to a real estate firm in exchange for mortgage business.

Capital One Financial (COF) is on a mission to become one of the nation's top players in equipment-financing as has roughly doubled the size the division over the last two months.

The constant pillorying of banks can hardly inspire public confidence in them. Regulators should focus, instead, on peer comparisons and the encouragement of effective policies and procedures.

Union First Market Bankshares in Richmond, Va., has agreed to acquire StellarOne in Charlottesville, Va.

Wilshire Bancorp in Los Angeles has agreed to buy BankAsiana in Palisades Park, N.J.

The Office of the Comptroller of the Currency closed the $437.3 million-asset Mountain National Bank in Sevierville, Tenn., on Friday.

After years of housing finance reform efforts languishing in Congress, a draft bill by Sens. Bob Corker, R-Tenn. and Mark Warner, D-Va., appears poised to become the catalyst for finally moving ahead on a way to overhaul Fannie Mae and Freddie Mac.

Sen. Elizabeth Warren, D-Mass., said the Federal Housing Finance Agency's objection to certain short sales designed to keep original borrowers in their homes is misguided.

Florida's attorney general has threatened to sue Bank of America for violating the national mortgage settlement.