The Secured It Card requires a security deposit but also offers cash-back rewards and other perks normally associated with Discover's traditional cards.

Farmers Capital Bank in Frankfort, Ky., plans to extinguish $15 million of subordinated debt. The $1.8 billion-asset company expects to record a $4.1 million pretax gain during the first quarter from the transaction.

Bryn Mawr Bank in Pennsylvania reported a quarterly loss after terminating its pension plan.

It is too early in the Providence, R.I., bank's turnaround plan to buy another bank, CEO Bruce Van Saun says. Instead, he would rather invest in acquiring commercial, mortgage and other loan officers who can feed revenue while he tries to make the bank more efficient.

Randy Peterson, the chief executive of Bank of Eufaula in Oklahoma, was shot and killed on Thursday by a robber. He was 64.

The card issuer, buoyed by employment gains and its partnership with the megaretailer Amazon, is bullish on its growth prospects for 2016.

A new class of fintech startups is using loan applicants' social networks to determine creditworthiness as the banking industry debates the merits of alternate underwriting methods.

The ouster of Cardinal Bankshares' chief executive helped set into motion events that led to the Floyd, Va., company’s merger with another banking company.

The American Bankers Association has gone public with its issues with a plan to require banks to record loan-loss provisions when they originate a loan. Bankers are worried that the rule will eventually force smaller institutions to use costly modeling programs to comply.

Associated Banc-Corp in Green Bay, Wis., reported fourth-quarter earnings of $42.8 million, a 12.2% drop from a year earlier as the company set aside a significantly higher amount of money to address potential problems in its energy portfolio.

Independent Bank Group in McKinney, Texas, has exited the Small Business Lending Fund program.

John Kanas, BankUnited's CEO, said the business never turned a profit, and there were no indications that it would. The company, meanwhile, remains committed to other residential lending operations while focusing on expanding its other businesses across Florida.

PacWest Bancorp in Los Angeles said its October acquisition of the tech-focused lender Square 1 helped its fourth-quarter profit rise 1.2% from a year earlier to $71.8 million.

Ocwen Financial Corp. will pay $2 million to settle charges that it misstated its financial results in valuing complex mortgage assets, the Securities and Exchange Commission said this week.

The Federal Housing Finance Agency may face legislation or a lawsuit in the near future as it tries to force captive insurance companies to exit the Federal Home Loan Bank System.

Western Alliance Bancorp. in Phoenix reported higher fourth-quarter profit on higher commercial and construction lending and improved fee income.

A service that used to be a no-brainer for banks is now hampered by limited revenue and a hard-to-justify cost structure.

A Florida campus of a for-profit college chain used deceptive practices that coerced students into racking up huge debt, according to a newly unsealed whistleblower lawsuit.

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JPMorgan Chase & Co. boosted Jamie Dimon's pay 35 percent, tying most of the package to future performance after a record share of investors rejected the bank's compensation practices last year.