The Federal Reserve Board has hit two Midwest banks — Freedom Bank in Tulsa, Okla., and Freedom Bancorp. in Lindstrom, Minn. — with enforcement orders.

Jim Rohr says cybersecurity is one of the biggest issues banks face. The frequent distributed denial-of-service-attacks on banks' web servers that have occurred since September are doing more than disrupting service.

Triumph Bancorp in Dallas was on the hunt for a cheaper and more stable deposit base and found it in National Bancshares, an Iowa company that needed common equity.

Mark Jamison of Capital One envisions a future in which financial services companies mimic Apple and other tech giants, turning bureaucracies into plug-and-play digital platforms.

TowneBank (TOWN) in Suffolk, Va., reported record quarterly profit driven by mortgage-banking and insurance revenue.

Citigroup hopes to capture a larger share of the home loan market by helping borrowers use the outstanding balance of existing accounts to reduce the interest paid over the life of their loan.

Banner Corp. (BANR) in Walla Walla, Wash., has named an executive from the world of philanthropy to its board.

Community banks are reporting first-quarter declines in net interest income despite increased lending. Low rates and competition are to blame.

Beneficial Mutual Bancorp in Philadelphia is the subject of a governmental investigation into its residential real estate lending.

A reduced reimbursement from regulators weighed on quarterly results at First Financial (FFBC) in Cincinnati.

The credit card company has released an app to help families rein in prom spending, which is expected to rise 41% this year compared with 2011.

Two federal regulators — the FDIC and the OCC — issued guidance on deposit-advance products that establish strict underwriting standards for payday loans offered by banks and any related third-party vendor.

Mortgage servicers have halted the foreclosure process for hundreds of thousands of empty homes across the country. That has left many properties deteriorating and the original owners liable for taxes and upkeep.

Park Sterling in Charlotte, N.C., said it is on the hunt for bank acquisitions as it reported a record quarterly profit.

Improved asset quality and lower expenses lifted Columbia Banking System (COLB) in the first quarter.

During a lengthy interview, Jim Rohr, until recently the chief executive of PNC Financial Group, talked about cybersecurity, "too big to fail" and his bank's culture.

The Consumer Financial Protection Bureau has issued a bundle of rules designed to protect consumers involved in everything from auto loans and money transfers to mortgages. Some of those protections will result in higher costs for the very people they're designed to protect. Behind the trend: financial institutions that are passing along the cost of complying with new regulatory burdens or are pulling out of certain markets altogether.

BBCN Bancorp in Los Angeles has hired a former chief executive of Hanmi Financial and Wilshire Bancorp to lead its bank.

Yadkin Valley Financial in Elkin, N.C., tapped fee income to return to profitability.

Higher revenue and lower expenses lifted United Bankshares (UBSI) inn Charleston, W.Va., in the first quarter.