Hudson City Bancorp Inc. swung to a fourth-quarter loss as the lender paid off about $4.3 billion in high-cost debt, though loan-loss provisions and charge-offs declined.

Commerce Bancshares Inc. in Kansas City, Mo., said late Tuesday that its fourth-quarter profits were flat from a year earlier, at $61.5 million, following the settlement of a class-action lawsuit.

Speech includes plan to remove "red tape" for borrowers, and efforts to investigate those responsible for financial crisis.

ST. PAUL, Minn. – Hometown CU opened the state’s first in-school, student-run credit union branch in Owatonna High School.

MILWAUKEE – University of Wisconsin CU plans to open a branch in nearby West Allis, on the site of a former Blockbuster store.

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Total System Services said Tuesday that its revenue for the fourth quarter rose 7.3%, to $472.2 million.

BancorpSouth Inc. in Tupelo, Miss., raised $109.3 million in a common stock offering, a week after the company reported better-than-expected fourth-quarter earnings.

The prepaid card marketer Green Dot said Tuesday that it is purchased some assets of eCommLink, allowing it to move its processing in-house.

GOP legislators raise issues surrounding recess appointment but hearing remains cordial.

Bank of America is working with Cardlytics to test an online rewards system called BankAmeriDeals.

Southwest Bancorp Inc. in Stillwater, Okla., on Tuesday posted a fourth-quarter loss after shedding $300 million in problem assets through a bulk loan sale.

Executives at Regions are overhauling their deposit business and readying for an eventual exit from Tarp now that they have a deal in place to sell their brokerage unit to Raymond James.

Trepp LLC's Matthew Anderson on the disadvantages giant banks face and why midsize banks will survive.

I naively thought that Suze Orman's new prepaid offering, the Approved Card, would help turn the tide of negativity. Instead, it has had the opposite effect, creating a seemingly endless echo chamber about the evils of prepaid.

UniRush plans to lower the fees on its reloadable prepaid cards. The plan was disclosed Tuesday afternoon on the Twitter account of UniRush founder and music mogul Russell Simmons.

Data published this month provides support for criticism of the small business lending program as a backdoor exit from Tarp for small banks. Institutions that used SBLF capital to refinance bailout infusions increased such loans at far lower rates than peers.

Banks need to increase revenue, and deals are tempting. But shareholders want buybacks and dividends. KeyCorp CEO Beth Mooney discusses the tough calls banks like hers face in the current economic climate.

Virginia Commerce Bancorp Inc. reported improved fourth-quarter profits due to a lower loan-loss provision and higher prices for foreclosed properties.

Fueled by balance sheet growth, Signature Bank’s fourth-quarter profits rose 32% from a year earlier, to $40 million.