NCAL Bancorp in Los Angeles and Raton Capital in New Mexico have been hit with enforcement orders from the Federal Reserve Board that require them to stabilize their ailing bank subsidiaries.

Pacific Capital's calculus was simple: Texas financier Gerald Ford, majority owner of the California bank, decided its shares would never trade as high as the price UnionBanCal was willing to pay.

C&F Financial (CFFI) in West Point, Va., has repurchased all the shares it issued to the Treasury Department in 2009 and now just needs to buy back its warrant to exit the Troubled Asset Relief Program.

Banks are looking to move beyond traditional consumer rating methods. That puts FICO's new boss in a tight spot.

Consumer banking executive Laurie Readhead to take #2 technology spot, reporting to Catherine Bessant.

Commerce Bancshares posted record earnings in the first quarter as improved credit quality and strong revenue growth in its fee-based businesses more than offset flat loan growth.

Improved asset quality and declining expenses powered Washington Federal in Seattle to a $34 million profit in the quarter that ended March 31, a 32% increase from the same period in 2011.

A report from the Special Inspector General for Tarp said Treasury didn't do enough to facilitate participation in the Hardest Hit Fund, which has distributed just 3% of the funds available to struggling borrowers in the two years since it was created.

NBNK Investments PLC Thursday made a sweetened offer for 632 branches belonging to Lloyds Banking Group PLC, as the investment vehicle ups the ante on its bid to create a challenger bank in the U.K.

John Mack, who stepped down as Morgan Stanley CEO last year, has joined the board of Lending Club, an online lending platform.

AUSTIN, Texas – A+ FCU on Wednesday said it plans to open a third high school branch in central Texas in Hendrickson High School in Pflugerville, which will be open to the public, as well as nearby elementary and middle schools.

Force-placed insurance has been taking flak from regulators, plaintiff attorneys and consumer groups. Here's how the head of the American Bankers Association's insurance unit sums up the controversy and explains the business.

Bank of America Corp. is realigning its business divisions to reflect a renewed focus simplifying the bank and to better sell various products aimed at the same customers.

Hugh C. Lane Jr. has stepped down as president and chief executive at the Bank of South Carolina (BKSC) and has been replaced by his longtime associate, Fleetwood S. Hassell.

Women and minorities own nearly 30% of all the businesses in California but many can't get the bank loans they need to grow their firms. California Bank & Trust in San Diego is aiming to change that — and bolster its own loan portfolio — with a new multi-pronged lending initiative targeting female and minority entrepreneurs.

William Lansing, who abruptly took over FICO in January, is trying to move the company beyond its embattled credit-score business.

The industry is like a 1920s Hollywood actor who does not understand the new technology, has not seen it coming and doesn't understand why the change is happening.

First Mariner and Beneficial Mutual are among the banks that have gained large stakes in competitors after borrowers defaulted on loans where stock was pledged as collateral.

Heritage Financial Group (HBOS) of Albany, Ga., is entering neighboring Alabama with an agreement to buy a branch in Auburn from the banking unit of Community Capital Bancshares.

Actor Ashton Kutcher has invested in mobile payments provider Dwolla and wants to "build a killer [bleeping] company in Iowa."