Shareholders also recommended that the CEO and chairman jobs, now held by Beth Mooney, be split.

Capitol City Bank, a minority-owned bank in Atlanta that is under orders from its regulators to add fresh capital, is getting a shot in the arm from SunTrust Banks (STI).

About half the consumers using U.S. Bancorp's prepaid card already have a relationship with the bank, according to a prepaid executive there.

U.S. Bancorp is raising some of its overdraft fees to $35 per transaction, in the latest example of banks changing the ways that they charge checking account customers.

United Community Banks in Blairsville, Ga., received a subpoena and a notice of formal investigation from the Securities and Exchange Commission related to its deferred tax asset valuation allowances and goodwill impairment charges taken in 2009 and 2010.

Wells Fargo has launched a collaborative online community for college planning aimed at students, parents, guidance counselors and financial advisors.

The Center for Discovery provides care for disabled and autistic children, including Ellen Alemany's daughter. This week it honored the Citizens CEO and fifth most powerful woman in banking.

Prosperity Banchares’ deal to buy East Texas Financial Services is on hold after another bank holding company that owns a stake in the $212 million-asset East Texas filed a lawsuit to block the sale.

Every year, despite the risks and high costs, millions of Americans turn to payday loans for emergency funds. To date, a top-down, regulatory approach has been the primary means of addressing the downsides of the payday lending industry. To improve protection of consumers and encourage this industry to mature, such regulation should be joined by efforts that encourage market transparency.

The U.S. mortgage delinquency rate declined in the first quarter to the lowest level since 2008 as an improving job market helped more borrowers pay their bills and tighter lending standards resulted in fewer defaults, according to a report Wednesday from the Mortgage Bankers Association (MBA).

MetroCorp Bancshares Inc.'s (MCBI) public offering of 4.45 million common shares priced at a 7.4% discount to Wednesday's close.

HSBC Holdings PLC said Thursday that it was on track to hit its 2013 profitability goals as the bank completes the first leg of its three-year quest to cut costs and boost revenues.

ALEXANDRIA, Va. – CommonWealth One FCU announced the installation of a new ATM at Costco Wholesale in Harrisonburg, Va.

Demand for bank stocks is up this year, but Wall Street is showing reluctance to fund a certain kind of lender: Community banks with dim prospects for making acquisitions. MetroCorp Bancshares of Houston, First Community of Lexington, S.C., and Northeast Bancorp of Lewiston, Maine all find themselves in this situation.

The former chief financial officer of the failed Tennessee Commerce Bank has taken the same role at First Financial Service Corporation, a struggling Kentucky bank.

Just weeks after Capital One Financial (COF) said it was cutting 500 assistant manager jobs at its branches, FirstMerit (FMER) in Akron, Ohio, announced this week that it would eliminate all assistant branch manager jobs as part of a broad cost-cutting initiative.

Activist investor Joseph Stilwell is not winning much outside support in his bid to force changes at First Financial Northwest (FFNW) in Renton, Wash.

Still unable to wire their money to family back home, many Somali-Americans in Minnesota recently lined up to withdraw their deposits from U.S. Bancorp (USB) and Wells Fargo (WFC) or have vowed to do so soon.

CFS II, a Tulsa, Okla.-based debt collection agency, is scouting offices in North Carolina to potentially open a call center with as many as 2,000 jobs, according to company officials.

A month after expanding into Connecticut with its acquisition of a Hartford bank, Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., has added one of the state's most famous citizens to its board of directors.