The North Carolina company will hold onto the loans after the Fed's decision to slash interest rates.

The Georgia company will expand into central and southern Florida by buying the parent of Seaside National Bank & Trust.

First American Bank agreed to cover costs incurred by the Iowa Division in Banking, while the regulator made it clear that the accord would not set a precedent for future credit union-bank deals.

The Consumer Financial Protection Bureau will have a busy week starting with Director Kathy Kraninger testifying before lawmakers on Tuesday.

State Farm struggled to make its bet on banking pay off and decided like other insurers to exit the business. U.S. Bancorp swooped in to add deposits and credit card accounts at little cost or risk.

The company will pay $25 million in cash for Carroll Bancorp in a deal between Baltimore-area banks.

As part of a review, the agency said it had identified requirements dealing with operating subsidiaries, noncontrolling investments by banks and other corporate activities that were no longer necessary.

One year after he led the sale of MB Financial to Fifth Third, Mitch Feiger will hand off his duties to his longtime lieutenant, Mark Hoppe, and join Fifth Third's board.

Fintechs like LendingClub and Varo Money illustrate how the traditional financial system is changing. Banks that don’t rapidly evolve with technology will be obsolete.

The state's Division of Banking, led by a former bank CEO and trade group chief, blocked GreenState CU's move to buy seven branches from First American Bank. It's the second time this year regulators have halted a credit union-bank deal.