COLUMBUS, Ohio – Wright-Patt CU has agreed to lease a new downtown branch here, marking a return to the city for the $2.7-billion credit union after a 12-year absence.

In the wake of his Deloitte crackdown last week, New York financial regulator Benjamin Lawsky called for more reforms, and punishments, of the bank consulting industry.

WASHINGTON — The Consumer Financial Protection Bureau proposed several tweaks on Monday to its recently released mortgage regulations, including changing certain deadlines.

Washington Federal (WAFD) in Seattle has won regulatory approval to switch to a national bank from a thrift.

Although the case the Supreme Court is set to hear does not involve the CFPB, it may pave the way to invalidate CFPB Director Richard Cordray's recess appointment as well as some parts of regulations the agency has promulgated.

Savings accounts represent a significant source of financial security for Americans, but some of the accounts are better for savers than others.

An uptick in fees and a drop in expenses lifted Pinnacle Bancshares in the first quarter.

Like a lot of buyers, Southern Missouri Bancorp would like to acquire bigger banks, but in agreeing to buy Bank of Thayer and its parent for $6.5 million, its execs say they are being realistic and going for what is available.

Ambiguous language in the 2012 national mortgage settlement has caused widespread confusion about the legality of foreclosing on delinquent borrowers who have filed paperwork on mortgage modifications.

American Express (AXP) has hired Brett Loper, a top aide to U.S. House Speaker John Boehner, to run its Washington office.

There’s no magic potion for providing low-income people with low-cost financial services. But the combination of technology, ingenuity and the capitalist incentive has solved many problems before.

Lenders are falling short in efforts to prevent discrimination in areas outside housing, the head of the U.S. Consumer Financial Protection Bureau told members of Congress.

Daniel Walker made his way from working as an elevator operator at Farmers & Merchants Bank of Long Beach to heading up the California company.

Bank of America is laying off hundreds of workers from a unit that services troubled mortgages.

Attorney General Eric Holder ruffled feathers in March when he indicated during Capitol Hill testimony that some financial institutions are "too big to jail." Holder later tried to backtrack amid a fierce public outcry. The controversy comes on the heels of claims by some critics that the DOJ and Obama administration have given the politically well-connected banking industry an undeserved free pass in the wake of the financial crisis. As the following examples illustrate, however, the government has acted aggressively in some cases to bring senior bankers to justice-senior bankers at small institutions, that is.

The Department of Justice faces a serious challenge to its aggressive pursuit of fair lending cases following a Supreme Court decision to hear a case involving the controversial theory of "disparate impact." American Banker editors discuss the implications of the high-profile case for banks and the rest of the mortgage industry.

Provide them with a basic understanding of the banking system, share your firm’s strategic vision and encourage communication between departments and affiliates.

The Supreme Court said Monday it would hear the case that calls into question several recess appointments President Obama made last year, including one that made Richard Cordray the director of the Consumer Financial Protection Bureau.

The Office of the Comptroller of the Currency has taken action against a Missouri bank and freed four others from regulatory actions.

Citigroup is opening an office in Baghdad.