Regulators revealed on Friday this year's list of communities where banks can receive credit under the Community Reinvestment Act for working in those areas.

The board of Postal Credit Union in Woodbury, Minn., has approved an amendment to its field of membership bylaws that would allow anyone in the country who makes a $5 donation to the John D. Miller Scholarship fund to be eligible to join the $530 million-asset credit union.

Regulators have entered into a consent order with First Bank of Miami that requires the Coral Gables, Fla., company to maintain certain capital levels and ensure compliance with the Bank Secrecy Act.

The thirst for greater clarity on capital spending and valuations prompts dealmakers' flight to cash instead of stock in bank M&A.

The Federal Housing Administration says April foreclosure statistics from Lender Processing Services were inaccurate.

Wells Fargo is the latest of the big banks to unveil simpler checking account disclosures for customers, following rollouts by JPMorgan Chase, Regions and TD Bank.

American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.

A Virginia Beach investment group has pulled the plug on its plan to buy a struggling bank in the Washington, D.C., suburbs.

Alleged panaceas abound for the banking industry's ills. Unfortunately, many are likely to prove less effective than advertised, cause collateral damage, or both. Here's a look at some of the most popular silver-bullet proposals and their shortcomings.

The high court declined to rule this week in a case involving the right of consumers to sue banks for failing to post ATM fees. That leads banks back to Capitol Hill in their quest for relief from a costly spate of nuisance lawsuits.

Cardinal Bankshares Corp. in Floyd, Va., has settled a dispute with a former executive it claims was conspiring with an investor to force its sale.

With changes to capital standards looming, PNC Financial Services Group (PNC) is preparing to redeem $967.5 million in trust-preferred securities.

Robert Maddox, who negotiated the $25 billion national mortgage settlement on behalf of Ally Financial, insists that the penalty far exceeds the damage done to borrowers.

Many borrowers with great credit can't get financing rates commensurate with their low risk. There's a major opportunity for banks to generate attractive returns by providing fairly priced student loans to these customers.

Lehman Brothers said Friday it has sold its Aurora Bank subsidiary, a move that, coupled with an earlier sale of Lehman's Woodlands Commercial Bank, should help funnel some $1.5 billion into the pockets of Lehman's creditors.

SecondMarket's pilot program to create a market for hard-to-sell stock.

KALAMAZOO, Mich. – Consumers CU opened two new branches this week, in Kalamazoo and Mattawan.

The PayPal Prepaid MasterCard will be sold at 5,500 7-Eleven stores by the end of the year.

Citigroup (NYSE: C) announced two programs Thursday aimed at helping current and former members of the military with their mortgages

The CFPB finalized a rule Thursday that seeks to ensure that information banks give the bureau through supervision retains attorney-client privilege.