Wells Fargo has agreed to pay $81.6 million to settle a federal investigation into its alleged failure to properly notify homeowners of increases in their mortgage payments.

As oil and gas prices keep sliding, banks with large energy loan books are doing what they can to manage ever-increasing risk. It's not just about reducing exposure; many are also working closely with oil, gas and other energy clients to help them raise capital or boost cash flow. Here's a sampling what bankers said on third-quarter earnings calls about the state of their energy books and what, in some cases, they are doing to prevent clients from defaulting on their loans.

TCF Financial faces a potential lawsuit from the Consumer Financial Protection Bureau over the way the Wayzata, Minn., company charges overdraft fees.

Fannie Mae will pay the U.S. Treasury Department $2.2 billion after reporting a net income of $2 billion for the third quarter.

WSB Bancshares in Wellington, Texas, has agreed to buy XIT Bancshares in Littlefield, Texas.

Financial institutions have been traditionally been more interested in bitcoin's underlying technology than in the virtual currency, but the maturation of cryptocurrency has led USAA to partner with a bitcoin wallet provider to serve the institution's mobile customer base.

CNB Bancshares in Sevierville, Tenn., plans to buy National Bank of Tennessee, after the Newport, Tenn., bank's holding company files for bankruptcy.

The chief executive of First Capital Bancorp in Glen Allen, Va., plans to resign, about a month after the company agreed to sell itself.

USAA has partnered with Coinbase to let users view their bitcoin wallet balances, an added financial management tool indicative of a kind of bundling of non-bank financial services it hopes will differentiate it from its competitors.

Federal Reserve Chair Janet Yellen faced tough questions from lawmakers on Wednesday covering a range of issues, including small bank burden, executive compensation, and living wills at a hearing focused solely on banking regulation.

Automobile lending reached its highest level ever at the end of the third quarter while showing few signs of credit weakness, the credit bureau Experian reported Wednesday.

A small, but growing, number of banks reported issues with credit during the third quarter. While most instances seem manageable, some industry observers believe bigger challenges could arise in 2016.

House Financial Services Committee Chairman Jeb Hensarling, R-Texas, is attempting to add 15 different bills to legislation that would secure funding for transportation projects.

Hedge funds that invested in CertusBank have sued its former management team, claiming they misappropriated millions and doomed the bank with wasteful spending. Certus closed shop last week after losing nearly $200 million of its $500 million in startup capital in less than four years.

First Banks in Clayton, Mo., has announced that Chairman James Dierberg's son will succeed him, marking the fourth generation of the Dierberg family to lead the company.

Luther Burbank Savings, in Santa Rosa, Calif., has established three home loan programs aimed at helping low- and moderate-income borrowers afford to buy homes in nine California counties.

F&M Bancshares in Trezevant, Tenn., has agreed to buy Medina Banking in Medina, Tenn. The $308 million-asset F&M Bancshares said in a press release that it expects the transaction to close early next year.

The FTC and other law enforcement officials across the U.S. announced Wednesday the first coordinated federal-state enforcement measure targeting deceptive and abusive collection practices. "Operation Collection Protection" could signal that regulators will be more aggressive, but also forthright about pursuing the industry.

The $3.9 billion-asset company said in a press release Wednesday that Bernard Clineberg, 66, will step down as president and chief executive in January. Christopher Bergstrom, Cardinal’s chief credit officer and chief risk officer, will succeed Clineberg as acting president and CEO. Clineberg will remain the company’s chairman.

Claremont Savings Bank in New Hampshire has found a successor to Chief Executive Sherwood Moody.