The proposed legislation would give the agency authority to increase funding for the 7(a) program — with several caveats designed to manage exposure.

The private-equity firms, which invested in a predecessor to Union Bankshares in May 2010, sold their shares for a total of $301 million.

Reps. Elijah Cummings and Jimmy Gomez, both Democrats, questioned why B of A would stop offering accounts that are popular with low-income consumers when it stands to reap huge financial benefits from recently passed tax cuts.

Meta Financial expects to originate $500 million to $1 billion in personal loans as part of a three-year partnership with Liberty Lending in New York.

The proposed legislation would give the agency authority to increase funding for the 7(a) program — with several caveats designed to manage exposure.

The Florida company reported increased net income even though its loan pipelines and production were hurt by last year's storms.

The Seattle company, which is gearing up for a proxy battle with Blue Lion Capital, appointed a former U.S. Bancorp executive to fill a board vacancy.

Ameris would gain 24 Atlanta-area branches in the $406 million deal.

Readers weigh in on how Mick Mulvaney is remaking the Consumer Financial Protection Bureau, chime in on JPMorgan’s plans to roll out more branches, react to fee income trends and more.

Ideal CU puts emphasis on digital strategy, Veridian taps new branch manager and more CU professionals in the news.

The bank tweeted that website and mobile app service were restored after an outage that lasted much of the day.

Marathon International Bank would target the Ethiopian community with specific advertising and educational programs.

Nano Financial will offer new technology to Commerce Bank's commercial customers as it considers ways to license it to other financial institutions.

Digital alerts for clients aren't new, but they can still provide small banks a platform to reach new markets and appeal to younger clients.

The New York company named two new members to its executive committee as it splits oversight of business capital and consumer banking into separate jobs.

StreetShares seeks to tap into the loyalties of military veterans, bringing together borrowers and savers through an online platform.

The addition of Bob Savino as chief product officer comes as BankMobile is poised to spin off from Customers Bancorp and merge with Flagship Community Bank.

Both proposals aim to establish institutions that would be modeled after Bank of North Dakota, the nation's only public bank.

Net interest income has surged thanks to rising rates, but noninterest income has lagged as trading revenue has weakened, refi demand has softened and fees from deposit service charges have barely budged. Is this the new normal?

Burned by a 2007 deal in Florida, Park National in Ohio had several years to reflect on lessons learned before agreeing to buy NewDominion Bank in Charlotte, N.C.