The recent crime spree that netted $45 million in fraudulent ATM withdrawals adds to the many reasons banks approach prepaid products with caution.

Though large banks have mostly been the targets of criminals so far, smaller banks are not immune to online threats.

David Marshall is executive vice president and CFO of Docking and Union State Bank, its $241 million-asset subsidiary, the company announced Friday.

Home Federal Bank of Hollywood has hired a new chief executive with experience guiding troubled Florida lenders. The $59.4 million-asset bank named Robert Brookes CEO last month, according to an online report in the South Florida Business Journal.

The trustee for Peregrine Financial Group is considering bringing claims against JPMorgan Chase (JPM) and U.S. Bancorp (USB) for allegedly permitting the embezzlement that brought down the brokerage last summer.

Banks, conflicted by moral hazard, will always fight for maximum FDIC coverage at the least possible cost, since the FDIC is ultimately backed by Other People’s Money.

A real estate arm of KeyCorp has agreed to purchase more than $100 billion of servicing rights on commercial and multifamily loans from Bank of America, Keycorp said in a press release Thursday.

The masterminds behind the recent crime spree that netted $45 million in fraudulent ATM withdrawals focused their attention on prepaid cards, highlighting yet another risk banks face when offering such products.

Ally Financial, the auto lender owned by U.S. taxpayers, may learn today how hard it will be to escape $25 billion in claims made against its bankrupt mortgage arm, Residential Capital LLC.

Federal Reserve Board Gov. Elizabeth Duke expressed concerns Thursday that new mortgage rules released in January could hold back the flow of credit for weaker borrowers in the current "murky" mortgage market.

VICTORVILLE, Calif. – Alaska USA FCU plans to open a new branch after a $5.1-million renovation of a former Santa Fe Federal Savings and Loan building.

EL PASO, Texas – GECU and the local Kinley’s House Coffee & Tea are introducing a new concept – combining a credit union branch with a café.

California accused JPMorgan of illegal tactics to sue thousands of credit card borrowers behind on their debts, including "robo-signing."

Royal Bank of Scotland CFO Bruce Van Saun will replace Ellen Alemany as CEO of its U.S. business. He is preparing Citizens Financial for a partial IPO by 2015, though he said in an interview that he is open to "attractive" takeover offers.

Unity Bancorp in Clifton, N.J., is set to redeem half of the preferred shares it issued through the Troubled Asset Relief Program.

After 18 months, One PacificCoast pulled the plug on a money-losing lending program it hoped would compete with payday lenders.

The ideal of responsive design, in which one set of web pages displays perfectly on any device, has yet to be realized, some observers feel.

First Citizens Bancshares (FCNCA) in Raleigh, N.C., reported a large increase in its quarterly earnings after the sale of a large portion of its processing-servicing business.

The $11.5 billion asset company in Laredo, Texas, earned $28.1 million or 42 cents per share, compared with $28.3 million in the first quarter of 2012.

The share of all loans that were at least one payment past due or in foreclosure fell to 10.3% in the first quarter, the lowest level in four years, the Mortgage Bankers Association said Thursday.