The Birmingham bank is adding to its new line of financial services for low-income and other underbanked customers.

The more than $500 million that investors pumped into banks in the Tar Heel State has turned marginal players into consolidators, provided a way to absorb failures and instilled new discipline.

The 2008 bailout program may have worked as intended, but Wells Fargo's Former CEO still insists it did more harm than good.

Foreclosure filings in May exceeded the 200,000 mark for the first time in three months as more servicers moved to take possession of real estate collateralized by delinquent home mortgages.

U.S. consumers owed $8.995 trillion on their residential loans at the end of March-the lowest debt figure recorded in almost five years, according to new figures compiled by National Mortgage News and the Quarterly Data Report.

A half billion dollars in PE funding has breathed life into North Carolina banking, raising questions about whether community bankers nationwide should be teaming up with Mitt Romney's old industry.

The Treasury Department has successfully sold off its shares in seven more community banks as part of its ongoing effort to wind down the four-year-old Troubled Asset Relief Program.

Many so-called consumer advocates doubt consumers can make responsible decisions about credit and believe they should be "protected" from certain financial products. We did not sense this sort of patronizing viewpoint from the new agency.

Foreclosure filings - default notices, scheduled auctions and bank repossessions - were reported on 205,990 U.S. properties in May, an increase of 9% from April but still down 4% from the year-ago period.

Crestmark Bancorp of Troy, Mich., has purchased the working capital loan portfolio from First Citizens Bank and has entered into partnership with the Raleigh, N.C., company.

About 35 million Americans are considered underbanked. According to a Javelin study, this group has higher income and potential interest in traditional banking than you might think.

Cambridge Savings Bank in Massachusetts said that Robert Wilson, its president and chief executive, has taken a medical leave.

WASHINGTON — Industry groups asked the Consumer Financial Protection Bureau Wednesday to convene a panel to review the potential effects of new mortgage lending standards on small businesses.

In what would be its first acquisition since its founding in 2007, fast-growing First Virginia Community Bank has agreed to buy 1st Commonwealth Bank of Virginia.

Huntington Bancshares (HBAN) in Columbus, Ohio, continues to bet big on in-store branches.

Fannie Mae went in-house to recruit three of its last four CEOs, a strategy likely calculated to rebuild internal morale. Freddie Mac hired three of its last four chiefs from outside, signaling continued housecleaning.

A fight between ECB Bancorp in North Carolina and the Gibbs family foreshadows clashes at many community banks between today's managers and ownership interests from yesteryear.

The Consumer Financial Protection Bureau will use the data to make recommendations to Congress, which could include changes to the private student loan market.

An employee of First Federal Savings Bank of Iowa helps rescue a kitten trapped in a ventilation pipe next to one of the bank's branches.

The Federal Reserve Board has lifted a written agreement with Baylake Corp. that required the Sturgeon Bay, Wis., company to improve its asset quality and earnings.