Bharat Masrani is betting on branches at a time when many others are questioning their value. He explains why an aggressive U.S. expansion strategy sill makes sense for Canadian-owned TD Bank.

SYRACUSE, N.Y. -- The planning board got a look at site plans for the AmeriCU CU branch proposed for the site of the old Salvation Army store.

SEATTLE – Sound CU has sold the old headquarters of Watermark CU, the Seattle-based credit union it acquired through merger last year to create a $1.1 billion regional giant.

Abacus Federal Savings Bank and more than a dozen of its former employees are facing criminal charges related to a scheme in which it allegedly falsified information on mortgage applications so that unqualified borrowers could secure loans.

Orrstown Financial Services (ORRF) in Shippensburg, Pa., has been hit with a lawsuit alleging that it misled investors about its financial strength during its March 2010 stock offering.

Shareholders frown on United Financial's all-stock deal for healthy bank in good market.

The Consumer Financial Protection Bureau said Thursday it was seeking additional comments on the ability-to-repay rule, dashing expectations that a final rule would come by the end of June.

Newly initiated foreclosures by the Federal Housing Administration jumped 247% in April from a year earlier, while the overall number of foreclosure starts fell 3.1% in the same period.

Bank partnerships with colleges and universities may not pay off for students, the consumer group said in a report unveiled Wednesday.

The puffy cartoon birds of popular mobile game Angry Birds will soon grace a new line of bank cards in Russia.

The JOBS Act opened the door for more banks to deregister from the SEC. So far, more than 60 banks and thrifts have filed to deregister less than two months after the law was signed.

Kip Weissman, partner with law firm Luse Gorman Pomerenk & Schick in Washington, says lack of options for small banks has more of them weighing whether to partner with similarly sized rivals.

The Justice Department said Thursday that SunTrust Banks Inc.'s (STI) mortgage-lending unit would pay $21 million to settle charges that it discriminated against minorities seeking loans.

Banks today are searching for ways to increase profitability while also navigating a growing number of regulations that require stronger risk management. The result is that banks are trying to pivot back into growth mode while simultaneously needing to manage their exposure more rigorously.

Preferred Bank (PFBC) of Los Angeles has signed a memorandum of understanding with regulators after a more formal consent order was lifted.

MasterCard Inc. (MA) Chief Executive Ajay Banga said card spending between April and late May rose in the U.S. and abroad.

Fitch Ratings has lowered its outlook on Trustmark Corporation (TRMK) from "stable" to "negative" following Jackson, Miss., company's announcement Tuesday that it is acquiring BancTrust Financial (BTFG) of Mobile, Ala.

More than a quarter of all national residential sales in the first quarter were either a short sale or bank-owned property, according to RealtyTrac.

The Community Mortgage Lenders of America wants the two government-sponsored enterprises preserved in their current form.

After operating exclusively in Massachusetts for more than a century, United Financial Bancorp (UBNK) in West Springfield is making the leap across the state line.