The Federal Agricultural Mortgage Corp. (AGM) reported a decline in first-quarter profits driven largely by the early refinancing of agricultural securities.

Between Operation Choke Point and anti-laundering regulations, financial institutions are going to new lengths to avoid anything even remotely associated with illegality — raising questions of fairness, slippery slopes and self-preservation.

Lenders and loan officers are increasingly using social media to scout for customers, raising a host of compliance concerns, from preventing unauthorized use of brands to monitoring employee communications.

Westbury Bancorp (WBB) in West Bend, Wis., intends to repurchase up to 250,000 of its issued and outstanding shares, or roughly 4.9% of its stock.

The investment bank has moved its annual banking conference to Denver after 16 years in Seattle, signaling its desire to do more bank deals in the central U.S. where M&A activity is expected to get busier.

World Cup visitors in Brazil who need a little cash might find themselves visiting one ATM - and then another, and then another.

Millennials know less about credit scores than other adult age groups, including which businesses use the scores and who collects information on which the scores are based, according to a new survey.

Republic Bancorp (RBCCA) of Louisville, Ky., announced Monday the merger of two of its subsidiaries: Republic Bank, a federally chartered savings association, and Republic Bank & Trust Co., a state-chartered commercial bank.

Sallie Mae's former loan-servicing business, spun off last week into an independent company called Navient, expects to pay up to $170 million to settle two federal investigations.

A look at four financial technology startups reveals major trends in the industry. Mobile applications, digital currencies, small data and alternative lending are all heating up.

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JPMorgan Chase (JPM) said it will lay off more than 150 employees in its Garden City, N.Y., mortgage division, as part of a previously announced broader downsizing.

The Senate Banking Committee is said to be moving toward a vote on major housing finance reform legislation next week, but the effort is likely to attract no more than 13 votes, falling short of what would be needed to advance the bill to the Senate floor this year.

Former Citigroup Chairman Richard Parsons was named interim chief executive officer of the National Basketball Association's Los Angeles Clippers, whose owner has been banned from the league for making racist comments.

Banc of California (BANC) in Irvine, Calif., swung to a loss in the first quarter as expenses ballooned following its acquisition of the Private Bank of California

Prepaid cards are an appealing market for small banks that want to retain and recruit customers, though bankers must consider potential regulatory and competitive risks before jumping into the business.

Atare Agbamu promised his elderly clients that reverse mortgages were regulated to protect them and their spouses and heirs. Then he came across a HUD letter to lenders indicating otherwise.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

The Utah-based payments processing company eGlobal has acquired the assets of The Best There Is Inc., a provider of ATM services in Boca Raton, Fla.

Rodger Levenson of WSFS Financial (WSFS) in Wilmington, Del., has been appointed chairman of the Delaware Bankers Association.