A bogus Florida bank is swindling consumers across the country with a fraudulent credit card scheme, according to the Office of the Comptroller of the Currency.

Interest rates on credit cards are falling as Americans keep deleveraging and banks tighten consumer credit standards.

The Museum of American Finance on Wednesday opened its exhibit "The Fed at 100." It features artifacts and photographs that highlight the history, culture and social impact of the central bank, including this image of a New York Fed employee updating trading data on a giant chalkboard.

The problem isn’t evil prepaid companies and employers, but, rather, a lack of awareness and education about the products and options that are available.

Sen. Elizabeth Warren hinted at her views on GSE reform briefly Thursday, though it's still unclear whether she will support a bill introduced this summer by Sens. Bob Corker, R-Tenn., and Mark Warner, D-Va.

Meta Financial Group (CASH) in Sioux Falls, S.D., has reshuffled its management with four new executive appointments, including the promotion of Brad Hanson to president.

First Clover Leaf Financial (FCLF) in Edwardsville, Ill., has hired David Kuhl as the president and chief executive for its bank.

SecondMarket, which runs an online marketplace for illiquid assets such as closely held community bank shares, has created a private investment vehicle to invest in bitcoins, the decentralized virtual currency.

RALEIGH, N.C. – State Employees’ CU is partnering with the North Carolina Botanical Gardens to develop landscaping templates for SECU’s 235 branches using only North Carolina native plants.

Citigroup Inc. (C), the third-largest U.S. bank, agreed to pay Freddie Mac $395 million to resolve potential future repurchase claims tied to mortgages.

JPMorgan Chase & Co.'s (JPM) negotiations with federal and state authorities to resolve a series of investigations tied to mortgage bonds is focusing on a potential $11 billion figure, including $4 billion for consumer relief.

Seacoast Banking Corp. of Florida (SBCF) in Stuart, Fla., has been released from all enforcement actions with the Office of the Comptroller of the Currency.

Home Federal Bancorp was looking for ways to grow its earning assets as the benefits of FDIC loss shares from two failed-bank deals faded. Lacking good prospects, it decided to sell itself to Banner Corp. More banks could find themselves in the same boat.

The FHA is expected to announce at the end of this month that it will need a bailout for the first time in its 79-year history.

First Security Group (FSGI) in Chattanooga, Tenn., has completed a $5 million rights offering. The offering followed the company's April recapitalization, in which it raised $91.1 million from institutional and other accredited investors.

The Justice Department is pressuring banks under investigation for their ties to online lenders to reach a settlement soon, according to four industry sources familiar with the matter.

A fair-housing group is trying to crank up the pressure on Bank of America to settle claims that the bank discriminated against minorities by failing to maintain foreclosed properties.

Community banks in the South have gotten healthier this year as a whole, but many of them have seen a slowdown in lending, according to a quarterly analysis by the Office of the Comptroller of the Currency.

A Glendale, Calif.-based owner of two collection agencies will pay $1 million to settle Federal Trade Commission charges that his employees used text messages to try collecting debts - without disclosing they were debt collectors.

Pacific Continentalin Eugene, Ore., has named a new head for its operations around Seattle.