Bank of Commerce Holdings in Redding, Calif., is selling its stake in its namesake mortgage company three years after becoming its co-owner.

Business activity in the banking sector increased in July for the second straight month, according to industry executives surveyed for American Banker's latest Index of Banking Activity.

Citigroup will let customers challenge the suspension of home-equity loans and provide $120 apiece to some ex-borrowers whose credit lines were cut, under the settlement of a lawsuit challenging its practices.

A study conducted by Discover's PULSE network finds that issuers are encouraging customers to use PIN at the point of sale now that the Durbin Amendment's interchange cap has made signature transactions less profitable.

The Federal Housing Finance Agency announced Friday that it has instructed Fannie Mae and Freddie Mac to raise the fees they charge lenders on loan guarantees in hopes of creating more private-sector competition in the secondary loan market.

Credit union membership rose to a record 93.1 million in the second quarter even as the total number of credit unions dipped below 7,000.

A small number of alternative financial services providers would be permitted to operate nationwide and on the Internet without adequate policing of their products for underserved consumers.

Codorus Valley Bancorp (CVLY) is warning investors about higher credit costs a month before its third quarter will end.

The acquisition will more than double the assets at C1 Bank, which has been an active acquirer in Florida since receiving backing by a group Brazilian investors.

Banks and the GOP, mortgage relief and more.

Dodd-Frank, aimed at restoring confidence in the so-called Wall Street banks, had a devastating effect on Main Street banks, and is now threatening their long-established role as the backbone of the American Dream.

Ray Davis, the CEO of Umpqua Holdings, bounces back from his failed attempt to buy American Perspective in central California with a $25 million agreement for Circle Bank in Northern California.

Credit unions are giddy about a new NCUA rule that says advanced video terminals can be counted as full-fledged service facilities, providing a new way to compete with banks by attracting members in underserved areas.

A number of de novo banks, or those that are seven years old or younger, are facing long delays from regulators when it comes to amending their business plans to allow for bigger growth targets.

Canadian Imperial Bank of Commerce (CM) has agreed to buy Griffis & Small, an energy advisory firm in Houston.

Big and mid-size firms are borrowing, but small ones have shown no urgency to tap existing credit lines and take advantage of cheap capital.

Royal Bank of Canada, Toronto- Dominion Bank and Canadian Imperial Bank of Commerce raised their dividends after reporting third-quarter profits that beat analysts' estimates on consumer lending.

The break up with JTH Tax comes months after Kentucky's Republic Bancorp agreed to end its refund-anticipation loan program as part of a settlement with the FDIC.

The credit card company is rolling out a 15-week survey to gauge which school has the most loyal followers. Warning: some of your answers could offend your significant other.

Leslie Lunak, an M&A expert who has been at BankUnited since 2010, will be promoted to chief financial officer early next year.