Rather than just moving their money, protesters in San Francisco are seeking to build a credit union of their own.

Former radio DJ Steve Streit has shepherded prepaid marketer Green Dot from its early days to its hard-won Fed blessing to buy a bank.

A merchant industry group sings its own praises on debit interchange rules … and threatens new fights.

Hudson City Bancorp Inc. said Friday that it has paid down $4.3 billion of high-cost debt in a move the company says will wipe out fourth-quarter profits but boost its net interest margin going forward.

Hampton Roads Bankshares Inc. in Norfolk, Va., has shuffled its management ranks and created several new divisions as it aims to regain its footing after suffering steep losses on real estate loans.

Shareholders for Parkvale Financial Corp. in Monroeville, Pa., have approved the company's sale to F.N.B. Corp.

A series of hush-hush deals have shifted the responsibility for servicing hundreds of billions of dollars in troubled loans to special servicers of Fannie's choosing.

Fast-growing Webster First FCU, which entered the Bay State's north shore earlier this year with a deal for Saugus FCU, has agreed to acquire Winthrop FCU, its third merger of 2011, giving it a presence in the Boston market.

SAN FRANCISCO – San Francisco FCU said this morning it signed a deal with Walgreens to allow its members surcharge-free usage of cash dispensing ATMs in 500 Walgreens locations and the placement of 20 ATMs with the credit union's brand throughout San Francisco.

It's that time of the year again. We find ourselves making our lists and checking them twice. As December draws to an end and we look forward to what's coming in 2012, it's time to spread some holiday cheer by sharing what's on the wish list of the nation's more than 150,000 collectors.

About 80 million mobile phones are expected to ship with built-in near-field communication technology that can be used to transmit payment information between devices.

Discover Financial Services posted strong gains in the fourth quarter ending Nov. 30, as it continues to grow its total loans and expand its presence in private student lending.

ALEXANDRIA, Va. — NCUA announced this afternoon it awarded CO-OP Financial Services, the credit union-owned payments company, the right to acquire the assets of U.S. Central's Corporate Network eCom, the failed corporate’s online and mobile payments services.

Webster Financial Corp. in Waterbury, Conn., has promoted Chief Operating Officer Gerald P. Plush to president of the company and its Webster Bank subsidiary, effective immediately.

JPMorgan Chase & Co. has made two changes to the leadership of its consumer and business banking unit, according to an internal memo obtained by American Banker on Thursday.

Legislation in the Senate could be key for small banks to deregister from the SEC.

S.Y. Bancorp Inc. in Louisville, Ky., is looking to expand in the Indianapolis market.

A lawsuit brought by a group of retail associations and retailers against the Board of Governors of the Federal Reserve System asks the courts to find the board's rules to implement the debit card swipe fee requirements of the Durbin amendment to be "arbitrary, capricious and an abuse of discretion."

The bank's core overhaul touches almost every area of the bank, from security to CRM to mobile.

Banks have been much maligned for nickel-and-diming their customers, but in another area — cardholder fraud protections — they are being praised as consumer champions.