Why has there been continuing explosive growth in prepaid cards, primarily marketed by nonbanks and most profitably to people who are already bank customers?

A federal judge is siding with the bankruptcy trustee of the failed IndyMac Bancorp Inc. in his dispute with the Federal Deposit Insurance Corp. over the rights to $55 million in disputed tax refunds.

Country Club Bank launched a Facebook page about two years ago — and then deleted it. This time around, it's starting with professional network LinkedIn instead.

Alloya Corporate Federal Credit Union of Warrenville, Ill., the survivor of what was once Members United Corporate FCU, said Tuesday it has signed a letter of intent to combine with Central Corporate Credit Union of Michigan, creating the nation's largest corporate with almost $5 billion in assets.

The National Fair Housing Alliance and four affiliated organizations filed a complaint with HUD accusing Wells Fargo of doing a shoddy job of maintaining foreclosed homes in low-income, minority neighborhoods.

Private student lending has shrunk dramatically over the past few years. Now come new risks involving legislation, regulation and reputation.

Joseph Smith said in an interview Monday that he wants to avoid surprising the banks as he oversees their compliance with the $25 billion mortgage servicing settlement.

The outlook for major U.S. credit-card issuers remains stable for this year, while continued improvement in asset quality could contribute to significant profit growth for the six biggest issuers, according to Moody's Investors Service.

BB&T’s (BBT) deal to buy BankAtlantic Bancorp’s (BBX) thrift for up to $316 million has received the green light from the Office of the Comptroller of the Currency, one of three federal regulators that must approve the sale.

The regional bank is expanding into the Golden State's central coast region with its first open-bank deal in five years.

When people think about big banks what is the first thing that comes to mind? It might be they have the best product selection, robust online banking services, convenient ATM/branch locations, the most competitive interest rates or any number of other appealing product and service items.

Porter Bancorp has asked shareholders to approve a proposal that would drastically increase the number of common shares it could issue to help the company meet minimum capital ratios.

First Mariner Bancorp says it recently purchased a 24.9% stake in another Maryland bank to collect collateral on a debt – not to take it over.

Joseph Smith, who is responsible for monitoring compliance with the $25 billion multi-state mortgage settlement talks potential fines, consumer complaints about servicers and how he plans to move forward on hiring help for the massive undertaking.

The Consumer Financial Protection Bureau outlined its regulatory plans for the next several months, which include at least eight rules including a call for expanded disclosures for payments and fees and new policies in how banks must handle customer accounts.

PremierWest Bancorp (PRWT) of Medford, Ore., will lay off staff in support areas and not fill vacant positions as it continues to implement cost-cutting measures.

NEW YORK – Municipal CU, this city’s biggest credit union, opened a new branch in Harlem last week.

PHILADELPHIA – American Heritage FCU is opening a branch inside the Roxborough ShopRite supermarket to replace a former Citizens Bank in-store branch.