This week marks the fourth anniversary of the "Durbin amendment," a defective law directing the Federal Reserve to impose price-controls on debit interchange fees.

Wells Fargo posted a third-quarter profit that beat analysts’ estimates on gains in interest income from asset purchases and new loans.

PNC Financial Services Group reported third-quarter profit that beat analysts’ estimates as the lender cut costs to counter a decline in revenue.

Bank of America posted third-quarter profit of $4.51 billion as expenses declined.

Results from the largest U.S. bank, and the first major player to report on its latest quarter, showed widespread revenue strains and only added to questions about the industry's growth prospects in the near future.

Community Bank Holdings of Texas in Corsicana has agreed to buy StarBanc Holding in Fort Worth.

Madison County Financial in Madison, Neb., has bought a bank and insurance agency in Winside, Neb.

Executives at United Community in Georgia say they have a list of 50 targets as the company nears $10 billion in assets. A large transformative deal would also be considered.

IDology, an Atlanta provider of fraud-prevention and identity verification, has made an equity investment in the mobile identity authentication provider Payfone.

The North Carolina company had worked hard over the last five years to address credit issues and return to acquisitions. In the end, the company agreed to sell itself for a healthy premium to the state’s biggest community bank.

Strategies that help mortgage lenders get a handle on final Dodd-Frank Act implementation costs and better reach the next generation of homeowners will be among the hot topics discussed during the 2015 Mortgage Bankers Association's Annual Convention.

The Pew Charitable Trusts' Nick Bourke's recent observation that more competition in short-term credit would benefit consumers is correct. But in the relatively unregulated environment that existed before 2013, very few banks chose to enter this market.

Banks are being "unbundled" by challengers in numerous business lines, but they can recapture the relationship with the help of technology and the right mindset.

A collection scam involving calls to consumers about alleged past payday loan debts has surfaced in Nebraska, just a week after a similar illegal operation was reported in Minnesota.

Fannie Mae’s latest sale of non-performing loans includes three pools of about seven thousand loans totaling $1.2 billion in unpaid principal balance.

To better serve millennial mortgage customers, lenders would be helped by understanding how the "fear of missing out" mentality drives this generation's consumer culture.

Hamilton Bancorp in Towson, Md., has agreed to buy Fraternity Community Bancorp in Baltimore for $27 million in cash, or $19.25 a share. The deal is expected to close in the second quarter.

Yadkin Financial in Raleigh, N.C., has agreed to buy NewBridge Bancorp in Greensboro, N.C.

2016 Presidential candidate Carly Fiorina telegraphs a message that the mortgage industry would do well to heed.

Community Trust Bank in Choudrant, La., has changed its name to Origin Bank. The $3.8 billion-asset company sought a name that it could trademark.