We need to adopt a more nuanced view of credit that considers not only the cost of credit, but also the cost of default and the cost of having no credit.

After a body was found outside of a branch of Mountain America Credit Union, the Salt Lake City-based credit union is dealing with the fallout of being stuck in the middle of a murder investigation.

FirstBank Florida in Miami has recruited five bankers from area competitors to bolster its commercial banking department.

Access to credit helps unemployed consumers by giving them more time to find a new job with higher pay, according to research by economists from the University of Minnesota and Dartmouth College.

Fannie Mae announced it sold its third Community Impact Pool of non-performing loans to New Jersey Community Capital.

Banks announced 41 mergers through May 31, representing a 16% decline from the same period in 2015, according to data from Keefe, Bruyette & Woods and S&P Global Market Intelligence.

While existing state laws show that payday lending curbs lead to positive outcomes, those laws will still benefit from a strong Consumer Financial Protection Bureau rule.

A legislative proposal has surfaced in Congress that seeks to disrupt much of the U.S. system of reporting and using credit information, including potentially major changes in credit scores.

Ties to the energy sector hurt the banking industry in the first quarter as earnings fell 1.9% to $39.1 billion compared with a year earlier, the Federal Deposit Insurance Corp. said Wednesday.

Civista Bancshares in Sandusky, Ohio, will record a gain of roughly $1.5 million in the second quarter after a nonperforming loan was fully repaid.

Achieving high performance is a challenge. But these five traits help the elite banks drive such impressive results.

Several civil rights and community development groups wrote Tuesday to urge the Federal Housing Finance Agency to recapitalize Fannie Mae and Freddie Mac.

Community Business Bank in West Sacramento, Calif., has finally put the Troubled Asset Relief Program in the past.

The latest crop of prohibition orders includes one against an employee involved in the fraud that led to the failure of Taupa Lithuanian CU.

By allowing commercial clients to authenticate via an eye scan, Wells Fargo is making a burdensome task simple. Secil Watson, head of wholesale Internet solutions, is pushing the bank to make digital banking easier for commercial clients.

The Consumer Financial Protection Bureau will unveil sweeping federal regulations Thursday for payday lenders that could open the door for competition from banks, while forcing lenders to move toward longer-term installment loans. Here's what to track when the plan is released.

At least three community banks have hired lenders who once worked at banks bought by BB&T. The question is whether those lenders can coax their clients to also make a switch.

Wellesley Bancorp in Massachusetts has recruited a State Street executive to succeed its outgoing chief financial officer and treasurer.

The pricing of student loans, and higher-ed degrees themselves, should have more to do with the proven earning power of a university's graduates in the eyes of some innovators. Big data could play a huge role.

First South Bancorp survived a close vote on a shareholder proposal to "immediately" take steps to sell the Washington, N.C., company.