The Obama administration has ruled out minting money as a way to sidestep the nation's borrowing limit. The Treasury Department will not produce a trillion-dollar platinum coin to pay the federal government's bills, the Washington Post reported Saturday.

VantageSouth Bank's team of seasoned construction lenders will only target the most qualified builders in communities where demand for new homes is high, executives say.

Virginia Commerce Bancorp in Arlington is considering selling itself. The $3 billion-asset company said Monday its board would review various alternatives to increase shareholder value, including a possible sale.

Go Banking Rates named Sofia Vergara, the star of the ABC comedy "Modern Family," its "Best Celebrity Saver," giving her a consolation prize of sorts after she fell short at the Golden Globes.

History shows banks can't compete with agents selling consumers insurance. But credit protection products have been highly profitable for the banks, and can remain so – provided the products are reformed.

WINSTON-SALEM, N.C. – Piedmont Advantage CU plans to move from Liberty Street to the corner of Stratford and Burke Mill roads in 2014, serving as an anchor in a 22-acre business park to be named Piedmont Advantage Park

TULSA, Okla. – Tulsa FCU’s 13th branch is scheduled to open Monday in a Reasor’s grocery store.

Westside Community Bank in University Place, Wash., became the first failed institution of 2013 late Friday.

JPMorgan Chase's (JPM) board is expected to dock the bonuses of chief executive Dimon and former chief financial officer Douglas Braunstein, as a consequence of the company's $6 billion trading loss at its chief investment office last spring, the Wall Street Journal reported on Saturday.

The chief executive officer of First Data Corp. (FDC) is resigning, the company said Friday.

Banks with at least $10 billion of assets approved 14.9% of loans between $250,000 and $3 million in December, up nearly two percentage points from a month earlier and the highest rate in roughly a year, according to an index published Wednesday by Biz2Credit, which connects small and mid-size business borrowers with lenders.

Flagstar in Troy, Mich., provided misleading information about the condition of loans that backed securities insured by MBIA and led to big losses, MBIA's lawsuit says.

Wells Fargo reported record earnings again in the fourth quarter but it faces headwinds that could slow the momentum in 2013.

Subprime mortgages are likely to become harder to make and more expensive to sell in the secondary market based on the new qualified mortgage rule.

The Independent Community Bankers of America (ICBA) is toasting the Government Accountability Office (GAO) for agreeing to examine the economic benefit that megabanks derive from their too-big-to-fail status.

The U.S. Government is objecting to a proposal by Residential Capital to pay roughly $33.4 million in annual bonuses to employees.

Profits rose 43% at DSA Financial (DSFN) of Lawrenceburg, Ind., on its sales of loans and investments last quarter.

Analysts will also pay close attention to what bankers says about cost cutting and fallout from the fiscal cliff compromise.

In speech to California bankers, comptroller indicates 'Volcker' trading ban and securitization rules could be completed soon.

Heartland Financial USA (HTLF), a multibank holding company in Dubuque, Iowa, has swapped executives with one of its subsidiaries through a pair of promotions.