Brian Browdie

Bank is offering mobile deposit companies that have more than $10 million in revenue and employees in the field who need to accept checks.

New York's top financial services regulator is requiring the mortgage servicer to install a monitor for two years to oversee the company's practices, the state's Department of Financial Services announced Wednesday.

Provident Bank in Montebello, N.Y., has hired another team of bankers away from rival bank, this time tapping four bankers from Signature Bank to run a new lending office on Long Island.

Consumers can turn to the likes of Walmart and Amazon for financial products these days, but as Jamie Moldafsky sees it, banks will prevail by being a "trusted advisor."

Discover Financial Services is moving its fiscal year.

The $6 billion-asset company based in Indiana, Pa., said Monday it has appointed Jon Gorney as a director.

A lawsuit that charged three ratings agencies with wrongdoing in the sale of mortgage-backed securities cannot advance, a federal appeals court in Ohio has ruled.

Fannie Mae and Freddie Mac are taking steps to help borrowers facing foreclosure remain in their homes for the holidays.

UnionBanCal in in San Francisco has completed its $1.5 billion purchase of Pacific Capital Bancorp (PCBC) in Santa Barbara, Calif. The deal, which the companies announced in March and closed Saturday, merged the $5.9 billion Santa Barbara Bank & Trust into the $88.2 billion Union Bank, which is wholly owned by Bank of Tokyo Mitsubishi UFJ Financial Group Inc.

One in three consumers say they would consider a mortgage from Walmart while 48% would consider a mortgage from PayPal, according to a study released Monday by Carlisle & Gallagher.

Bank of America, the nation’s second-biggest bank by assets, has decided to postpone until late next year plans to boost charges on checking accounts that could have hit 10 million customers this month, The Wall Street Journal reported Saturday.

The computing company said Thursday it has completed a data center for Fidelity Bank in Ghana that features advances in energy efficiency, performance and disaster recovery.

Ameris Bancorp (ABCB) in Moultrie, Ga., will redeem preferred shares it had issued to the Treasury Department as part of the Trouble Asset Relief Program.

Banks need to share threat and incident information with one another to defend against this joint concern, consulting firm Booz Allen says.

Plenty of bankers want to buy another bank, but few plan to sell, according to a new survey. And there are other obstacles.

NCAL Bancorp (NCAL) in Los Angeles is selling one of its five branches to a neighboring bank.

The Federal Reserve Board has terminated an enforcement action against Johnson Financial Group in Racine, Wis.

Sales of homes in contract hit their highest level in more than five years last month, the National Association of Realtors said Thursday, adding to signs of a strengthening market.

The $320 million-asset parent of Home Federal Savings and Loan said Thursday it would likely be required to record a charge of roughly $972,000 following the company's discovery of baseless loans.

The $1.3 trillion-asset company said this week that its directors have elected Howard "Rick" Richardson to the board effective Jan. 1.