Cardinal Bankshares in Floyd, Va., is developing a comprehensive plan just weeks after a proxy battle brought in three new directors and led to the ouster of its chief executive.

Maybe George Bailey should've jumped — and made his savings and loan a commercial bank. If he had, he'd have been much better prepared for the Fed's decision to raise certain capital requirements, a move some are calling the death knell for the classic thrift business model: lend to home buyers like crazy.

As with housing, different bank markets across the country have crashed and recovered at different speeds. Measured by institutions with high Texas ratios, stress has tapered quickly in states like Washington and California, but remains elevated in Georgia, Illinois and Florida.

Home Depot told shareholders that interchange price controls would add "$35 million a year" to the bottom line. Why should consumers now believe the company has chosen not to keep these newfound gains for itself?

Private Bank of Buckhead in Atlanta has been given the green light to open its second branch.

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.

High fees and bad marketing of prepaid cards have made them unattractive to many potential customers, according to Stewart Stockdale, Western Union's head of global consumer services.

Residential Capital LLC rejected an offer from Berkshire Hathaway Inc. (BRK/A), the holding company run by billionaire Warren Buffett, to be the initial bidder in proposed auctions of ResCap’s most valuable assets.

West Virginia Attorney General Darrell McGraw's office is suing a Virginia title lender over its debt collection practices.

After seeing record growth in remittances last year, Wells Fargo (WFC) has doubled its remittance network payout locations in India through an agreement with HDFC Bank.

A Dallas-area investment group has applied to become a bank holding company so it could acquire a small bank outside of Austin.

If a bank doesn't disclose what it's not charging, someone might assume it is charging that fee without disclosing. Pew Charitable Trusts made that assumption, and says consumers could too.

We need a system in which credit bureaus are required to sell consumer data at a uniform price to any company with permission to access it, instead of pricing out perceived competitive threats or withholding the information.

Community bank Investors Bancorp Inc. agreed to acquire Piraeus Bank S.A.'s Marathon Banking Corp. unit for $135 million in cash, a move that doubles its presence in New York.

A senior Consumer Financial Protection Bureau official brought the agency's charm offensive to the West Coast, praising bankers and non-bank executives for providing financial services to poor consumers.

More than a year following its chief executive's departure, Pacific Commerce Bank in Los Angeles has found someone to take the helm.

HomeStreet (HMST) of Seattle has extended a housing assistance program to the Spokane, Wash., area.

More banks may decide to sell if they conclude Congress will not renew the capital gains tax cut, Deloitte's Sharon Weinstein says.

Student borrowers said private student loan debt is hampering their ability to get married, start a family, buy a house or even work in their field of choice.

A planned merger between two southern California banks has yet to close a year after the deal was announced because regulators have yet to approve it.