The U.S. credit card industry continues its slow rebound from the financial crisis. In the second quarter, the number of open accounts rose by 24 million from a year earlier, while purchase volumes also increased significantly, according to a new report issued Wednesday by the American Bankers Association.

Where there's a will, there's a way for Chris Bauer, who guided Anchor through bankruptcy as a means of recapitalizing the once-struggling Wisconsin company. The turnaround was punctuated with the company's October IPO.

WASHINGTON — More than two dozen Senate lawmakers signed a letter this week that urges the Federal Housing Finance Agency to drop its proposal to tighten Federal Home Loan Bank membership rules.

George Engelke Jr., former chairman, president, and chief executive of the Astoria Financial in Lake Success, N.Y., has died.

Integrity Bancshares in Camp Hill, Pa., first approached S&T Bancorp about an $8 million loan before eventually agreeing to sell itself to the Indiana, Pa., company.

The Defense Department's decision to bar service members from using the military's discretionary allotment system will reduce Farmers Capital's annual process revenue by nearly $1.5 million.

One big question in the debate over regulating cryptocurrencies is whether to apply existing rules to these new technologies or craft new ones. A state regulators' trade group recognizes that there may be no one right answer.

The $1 billion-asset company said in a regulatory filing Tuesday that it repurchased its remaining shares of preferred stock issued to the Treasury Department during the financial crisis.

PNC Financial Services Group in Pittsburgh has tapped an executive to become its director of community affairs and president of the PNC Foundation.

TransUnion’s annual auto loan forecast calls for auto loan debt to continue to rise to $18,244 at the end of 2015. This would mark 19 consecutive quarters of increases.

The Interfaith Center on Corporate Responsibility says a report scheduled to be released by year's end will go a long way toward restoring the bank's credibility with shareholders following a string of legal skirmishes. The group is also pushing for changes at Bank of America and Wells Fargo.

Farmers Capital Bank in Frankfort, Ky., said a change in the rules governing allotments by active-duty service members will shave more than $800,000 off its bottom line next year.

A Florida-based mortgage modification business and its owner are banned from the industry as part of a settlement resolving Federal Trade Commission charges that he tricked financially strapped consumers into paying for mortgage-relief services that he never provided.

A federal monitor is investigating whether Ocwen Financial is treating borrowers fairly after a whistleblower said the company may have improperly influenced which mortgages were picked for a compliance review.

Northwest Bancshares in Warren, Pa., has agreed to buy LNB Bancorp in Lorain, Ohio.

Ed Clark took Toronto-Dominion Bank from nowhere in the U.S. to the nation's 15th-largest bank holding company in a single decade — but his even-keeled, conscientious leadership philosophy is perhaps his most valuable legacy.

The $16.3 billion-asset UMB will pay $182.5 million in stock for the Marquette, which is owned by the Pohlad family. The acquisition, which values Marquette at 160% of its tangible book value, is expected to close in mid-2015.

WASHINGTON — The Consumer Financial Protection Bureau has its sights set on prepaid and debit cards offered to college students as such products are filling the gaps left by credit card issuers which have largely left the space, according to a study released by the agency Monday.

Chinese banks, desperate to attract customers who are finding alternatives for their savings, are turning to giveaways. On offer at one branch in Beijing: an iPhone 6 Plus or a Mercedes-Benz.

City National Bank in Los Angeles is launching a new online magazine with a goal of driving more traffic to its website.