Sen. Richard Durbin on Thursday blasted Bank of America following a report that the firm is weighing new fees for certain checking account holders.

Community banks are warning Congress that allowing interest to be paid on such accounts will help large banks and hurt local communities, but they appear to be gaining little traction.

JPMorgan Chase & Co. Chairman and Chief Executive Jamie Dimon said new deposit fee restrictions have compelled the New York company to shy away from building new branches in lower-income areas.

The Blackstone Group has converted some of its shares in BankUnited Inc. into non-voting stock in a move that should allow its own chief executive' to keep his personal financials private.

The Federal Deposit Insurance Corp. is embarking on an ambitious study to better understand community banks. It doing so, it's looking beyond the traditional measure — size.

Beach Business Bank recently agreed to settle a lawsuit brought against it by shareholders corralled by a law firm specializing in litigation tied to acquisitions. Those types of investigations used to be reserved for larger deals but are quickly becoming a mainstay as consolidation picks up.

Bank of America's long-running tests to revamp the pricing of its checking accounts have landed it back in the spotlight.

For small merchants who want to accept mobile transactions, Apple makes the go-to machines, the iPad and the iPhone. But Apple has some company: Google is cultivating the same market for its Android devices.

Young consumers don't buy in to bank ads on hip entertainment sites, a new survey shows. Banks do better marketing on education sites that fit their serious image.

Bank of the Carolinas Corp. in Mocksville, N.C., will be delisted from the Nasdaq after failing to maintain a market value of publicly traded shares of at least $5 million.

ALEXANDRIA, Va. — Fueled by higher bank fees and the Bank Transfer Day movement, credit unions scored some of their biggest membership gains ever in the second half of 2011, NCUA reported this morning.

BOK Financial Corp. in Tulsa is eyeing acquisitions of banks and nonbanks as it looks to both increase market share in areas where it operates and generate more revenues from fees.

Protestors rallied outside the San Francisco home of John Stumpf, armed with cardboard cutouts of Wells Fargo's chief executive.

Fannie Mae saw its secondary market purchases fall by 20% in January while its cross town competitor, Freddie Mac, experienced a 10% gain, a sign that, perhaps, the Bank of America "problem" could be affecting the business of the two GSEs.

WASHINGTON — Customers will now be able to file complaints about their checking and savings accounts with the Consumer Financial Protection Bureau.

Bank of America's efforts to revamp the way it charges customers for checking accounts have landed it back in the news, but the bank is not alone in trying to figure out a way to make up consumer banking revenue lost to regulations.

Fiserv is merging its two person-to-person payment offerings, Popmoney and ZashPay, and will market the combined offering as Popmoney.

Heritage Commerce Bancorp Inc. in San Jose has received approval from its regulators and the Treasury Department to repay the $40 million it received from the Treasury's Troubled Asset Relief Program.

Bank of America Corp. is working on sweeping changes that would require many users of basic checking accounts to pay a monthly fee unless they agree to bank online, buy more products or maintain certain balances.

Georgia Bank & Trust has found that an automated approach to software patches brings compliance benefits.