Startup CommonBond crowdsources funds from alumni members and interested investors to establish a loan pool for student lending.

Bank of America (BAC) will prevent Chief Executive Brian Moynihan from completely cashing out of its stock for a year after his retirement, according to a news report.

The Securities and Exchange Commission will not punish United Community Banks after an accounting investigation, the Blairsville, Ga., company said Monday.

The Office of the Comptroller of the Currency has terminated a written agreement with Intervest National Bank in New York.

Puget Sound Bank in Bellevue, Wash., is buying Core Business Bank for roughly $8.4 million in cash and stock.

As evidenced by their own home purchases, executives who handled mortgage securitizations showed little awareness of anticipating the subprime crisis and subsequent crash in the housing market, according to a new report.

Patrick Fahey's last act as a turnaround specialist ended with the 2010 failure of Frontier Bank. First Sound Bank in Seattle is poised for a much different outcome.

United Community Financial (UCFC) in Youngstown, Ohio, has raised $39.9 million in a private offering.

Cardtronics (CATM), the largest independent operator of ATMs, faces a large fine for failing to make its machines accessible to the blind as required by a class-action settlement.

The Senate is expected to pass two budget amendments Friday designed to break up the big banks and prohibit the use of certain fee hikes at Fannie Mae and Freddie Mac to reduce government spending.

The Boca Raton, Fla. company announced Friday it has agreed to by Enterprise Bancorp in North Palm Beach, Fla.

The Federal Deposit Insurance Corp. has terminated enforcement actions against two banks: First Bancshares of Mountain Grove, Mo., and CIB Marine Bancshares of Waukesha, Wis.

First Bancshares (FBMS) in Hattiesburg, Miss., has raised $20 million to finance its purchase of a bankrupt Gulf Coast lender.

CorTrust Bank in Mitchell, S.D., has acquired a one-branch bank in Blaine, Minn.

Auto dealership advocates are warning that costs will rise for borrowers if the Consumer Financial Protection Bureau presses banks to curtail auto loan markups determined by dealers.

Volatile industries such as energy and agriculture are fueling strong results in states such as North Dakota and Iowa.

Liberty Bell Bank (LBBB) in Marlton, N.J., said it received a capital infusion from several directors in December, ending a year in which the bank lost $3.4 million.

Changes in regulation, the economy and technology have brought the retail banking industry to multiple crossroads. Some of the country's most senior bank executives gathered this month to ask each other for directions.

Yasmin Zarabi discusses steps financial institutions can take to prepare for social media compliance with impending regulation from the Federal Financial Institutions Examination Council.

NewBridge Bank (NBBC) in Greensboro, N.C., has created two executive positions, naming David Barksdale its chief strategy officer and Spence Broadhurst its chief sales officer.