Concerns about moral hazard should not prevent Fannie Mae and Freddie Mac from helping underwater homeowners avoid foreclosure.

A number of banking company closed branches during the second quarter, and even more have announced plans to follow suit. Over the past 12 months, there was a net loss of about 770 branch offices nationwide as banks aim to cut costs in the face of depressed interest rates and low loan demand.

Capitol Federal Financial in Topeka, Kan., posted a stronger quarter compared with a year ago but earnings in the quarter that ended June 30 were down from the prior quarter as net interest income fell.

Company says it has made 230 upgrades to Encompass360, many of them for compliance reasons.

Diebold staff to monitor security camera footage for 2,400 sites.

State Bank Financial's (STBZ) second-quarter earnings nearly doubled what it reported a quarter earlier as the serial acquirer's organic growth outpaced growth from acquisitions.

It's not too soon for CEOs to think about how they'll fill the profit hole sure to come when interest rates rise and the number of borrowers eligible to refinance ultimately drops.

In a society where blatant expressions of discrimination are largely considered to be unacceptable, discrimination often takes on subtler and more insidious forms.

Suffolk Bancorp in Riverhead, N.Y., posted higher second-quarter profit as it recorded a credit for its loan-loss provision and a decline in operating expenses.

First Community (FCCO) in Lexington, S.C., said it could use the $15 million it raised through a common stock offering to exit the Troubled Asset Relief Program.

HONOLULU – HawaiiUSA FCU plans to open a new Maui branch inside the Times Supermarket store in Kihei this week.

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CEO Jamie Dimon named Matt Zames co-chief operating officer on Friday, igniting speculation that Zames could be a leading candidate to succeed him … some day.

Regulators in Georgia closed the $217 million-asset Jasper Banking, which became the industry's 39th bank to fail this year.

The Treasury Department did not sell some of the preferred shares it owns two community banks as planned after it received insufficient bids for the securities.

ALEXANDRIA, Va. — NCUA said this afternoon it has taken over Trinity CU, a troubled $4 million credit union in Trinidad, Colo.

The Federal Reserve Board entered into a written agreement with Cornerstone Bancorp that requires the St. Petersburg, Fla., company to serve as a source of strength for its bank.

Revenue margins have dipped at some major credit card issuers in recent months, but, by and large, they have emerged intact from a bruising economic downturn and a sea change in regulation.

Second-quarter income more than tripled from a year ago at Hancock Holding (HBHC) in Gulfport, Miss., after its net interest income surged and it recorded less in merger-related expenses.

Some sellers are asking for a lot and buyers have to be careful in vetting targets, but deal activity should increase given the economic pressures and the number of talks going on behind the scenes, some community bank CEOs say.