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.

Compliance, risk management and staffing will likely come under added scrutiny as regulators lay out a framework for future fintech-bank mergers.

Richard Herrington's buyout pitch to smaller banks is to offer them a way to survive and keep their local brands.

MVB in West Virginia will gain a 47% stake in the partnership in exchange for contributing its mortgage unit's assets to the new company.

The company agreed to buy Advantage Community Bancshares weeks after announcing a deal for Commerce Financial.

The Supreme Court will hear arguments on the agency’s structure; the company, desperate after losing Costco’s business, allegedly pressured and misled applicants.

The Minnesota bank is locked in a bitter legal battle to preserve its independence. Its foe? The charitable organization set up by its founder.

San Francisco Bay Area Educators Credit Union became part of San Francisco Federal Credit Union earlier this month.

Credit unions could be feeling some of the heat from critics of their bank takeovers, or simply gearing up for another round of activity.

E-Trade could add about 30 basis points to a key capital ratio once the deal closes, Jonathan Pruzan says.

David Solomon says he isn't feeling any pressure from Morgan Stanley's latest move.

Tony Aylsworth, chief risk officer, is taking over as president so CEO David Milligan can concentrate on acquisitions.

Credit unions could be feeling some of the heat from critics of their bank takeovers, or simply gearing up for another round of activity.