The $1.6-billion asset company, based in Asheville, N.C., is headed into Virginia for the first time after announcing plans Thursday to open a commercial loan production office in Roanoke.

A New York City bank employee is in the news for going the extra mile to ensure that a local homeless man was given a proper goodbye.

Executives at private mortgage insurers expect the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, to reduce some fees in the next year, which would make privately-insured GSE loans more competitive with government loans.

A former Georgia community banker who was accused of fraud and faked suicide has pleaded guilty to three felony charges for his role in allegedly defrauding a bank and private investors.

The company claims in a lawsuit against the Puerto Rican government that the territory could lose "a major lender in the Puerto Rico housing market" if it is denied a $230 million tax refund.

Justin Timberlake will perform a private, small-venue concert for customers of Citi's American Airlines promotional credit card on July 10 at the Hammerstein Ballroom in New York.

Donald Shamey, president and chief executive at NexTier Bank in Butler, Pa. will retire in July after 40 years at the helm.

American Express can provide affordable products to the unbanked and still make a profit, company executive Dan Schulman said at the Emerge conference. He was vague on details but hinted that its prepaid cards built on an lower-cost software platform are part of the answer.

The two most popular Bitcoin services providers, Coinbase and BitPay, are neck-and-neck in signing up merchants to accept digital currency.

The Columbus, Ohio, company started giving away pens in its branches in 2010. Now more than 20 million are in circulation around the world with a few ending up in bizarre places, including the movie Bad Grandpa.

A reporter spent a day trying to cash checks, send money and complete other financial transactions without the use of a bank account. He was surprised by what he saw.

Fidelity Southern (LION) in Atlanta said Thursday that it is buying five branches and roughly $200 million of deposits from CenterState Bank of Florida (CSFL).

Heritage Global Inc. has acquired National Loan Exchange Inc. (NLEX), the largest volume broker of charged-off receivables in the U.S. and Canada.

Alternative lenders provide a necessary service to small business owners—but some loans carry excessive costs. Financial innovation and greater competition can help bring prices down.

BNC Bancorp (BNCN) in High Point, N.C., has agreed to buy Harbor Bank Group in Charleston, S.C.

ACA International has filed an amicus curiae brief with the Sixth Circuit Court of Appeals in the case of Buchanan v. Northland Group Inc.

A federal judge has ruled that a Kansas-based payday lending operation intentionally deceived borrowers about the cost of their loans.

It's rare that a regulatory filing would quote the song "Livin' La Vida Loca," but that's just what some Doral investors say the Puerto Rican government is doing in its refusal to restore $230 million of the bank's tax payments.

The company spent years looking in vain for the right deal at the right price before finding TF Financial. The deal adds a healthy bank and a much-needed beachhead in New Jersey, though it also pushes National Penn closer to $10 billion in assets.

Economists and housing experts maintain that the housing crisis is long over, but many Americans beg to differ.