U.S. Bancorp (USB) in Minneapolis has agreed to pay $53 million to Freddie Mac to resolve mortgage-repurchase obligations.

The Consumer Financial Protection Bureau accused GE Capital Retail Bank of misleading consumers into a health care credit card product that retroactively charged exorbitant interest rates, marking the agency's first significant attempt to go after such offerings.

Ally Bank in Midvale, Utah, plans to use simplified disclosure forms for all its banking products.

OneMain Financial, which makes personal loans of up to $15,000, has been on the block since 2009. But Citi may be poised to overcome a key obstacle to its sale, an executive explains.

Apollo Bancshares in Miami, Fla., has agreed to buy First Bank of Miami in Coral Gables.

How to reconfigure retail-delivery networks to suit the next generation of customers was top of mind for bank CEOs Tuesday, even as news headlines dwell on new regulations and sluggish growth.

Underwater homeowners in New York state may soon have a new way to reduce the principal on their mortgages.

A large number of healthy community bank have struggled to gain access to capital. StoneCastle Financial hopes to change that.

Bank of America Corp. is counting on "more frisky" borrowers and Wells Fargo & Co. expects continued gains in credit quality to make 2014 "incrementally" better for their industry.

Jacksonville Bancorp (JAXB) in Florida has filled its opening for a chief executive.

Rep. Mel Watt cleared a procedural hurdle in the Senate Tuesday toward becoming the next director of the Federal Housing Finance Agency, with a final confirmation vote to come as early as this afternoon.

Wells Fargo & Co. (WFC), which has set aside the least money for legal costs among the four biggest U.S. banks, will conduct an internal review of its ethics as the industry grapples with a surge in probes and lawsuits.

State financial regulators have received few applications for licensing Bitcoin businesses even as they've handled many inquiries about them, according to David Cotney, the commissioner of banks in Massachusetts.

An online survey revealed that one in 10 people who are married or living together classified their spouse or live-in partner as a "financial bully."

Mid-size regional banks are facing the highest level of customer attrition, squeezed by better service at small banks and better distribution and scale at larger rivals, according to J.D. Power. Rocky Clancy, vice president of financial services at J.D. Power, discusses how certain regional banks, including Cullen/Frost (CFR) and Huntington (HBAN), are outperforming and setting an example for other banks' customer satisfaction levels.

Bank of Hawaii (BOH) will reportedly delay its exit from American Samoa until the territory can recruit another bank.

When Sterling Bank rebranded following the financial crisis, we conducted focus groups with customers and employees. Engaging these groups ensured that any new or refined messages were believable and authentic to the organization.

The president and chief executive of Pacific Premier Bancorp (PPBI) in Irvine, Calif., has been elected to the board of the Federal Home Loan Bank of San Francisco.

Heritage Oaks Bancorp (HEOP) in Paso Robles, Calif., plans to cut about 18% of its workforce and close five branches after it buys Mission Community Bancorp (MISN) in San Luis Obispo, Calif.

The banking industry's reputation took a major hit in the wake of the financial crisis. Now consumers are seeing banks in a better light, according to a new survey from the American Customer Satisfaction Index.