National Penn Bancshares Inc. said Friday that third quarter earnings more than doubled from a year earlier, to $24.8 million, after the company recorded no loan-loss provision.

Opus Bank in Irvine, Calif., said Friday that it has raised $100 million in capital from management and investment funds as part of a plan to keep pace with its loan growth.

Park Sterling Corp. in Charlotte, N.C., said it expects to complete its acquisition of Community Capital Corp. in Greenwood, S.C., next week.

A disabled homeowner tries to navigate the mortgage servicing bureaucracy to obtain loan modification.

Green Dot Corp. said Thursday that new card activations and increased usage by existing customers helped boost its third-quarter profits.

Huntington Bancshares Inc. said it will be converting all of its debit cards to MasterCard Inc. from Visa Inc. But MasterCard's coup comes as new regulations and bank fees are cooling the potential of the overall debit market.

BankUnited Inc. posted a slight increase in third-quarter earnings as the Miami Lakes company continued to aggressively grow commercial loans in Florida.

The Federal Reserve has announced written agreements with three banking companies.

Rep. Elijah Cummings is calling on the House Oversight Committee to use its powers to issue subpoenas to regulators to obtain copies of "engagement letters" agreed upon between mortgage servicing companies and firms hired to review their past foreclosure abuse.

Recent predictions of the demise of branch banking can sound like the premature eulogies that have been floated since the advent of the Internet, but data suggests that a fundamental shift may be underway.

Diebold Inc. experienced drops in third-quarter revenue and profitability, but the ATM maker's chief executive highlighted gains it made in North America

Many failed and open banks will be up for grabs across the South, the company says.

Enterprise Financial Services Corp. in St. Louis reported earnings of $9.7 million for the third quarter, nearly doubling its earnings from a year earlier, as the company made more money on loans and in its wealth management division.

Visa Inc. next year plans to ramp up a series of incentives for merchants and acquirers, as the world's largest payments network braces for new regulations that are expected to cost it some debit transactions.

WASHINGTON - Two Florida bank executives and one bank borrower were sentenced to federal prison Tuesday and ordered to pay nearly $100 million for attempting to defraud the Troubled Asset Relief Program.

James F. House soon will take the helm of United Security Bancshares Inc., a Thomasville, Ala., banking company that has hit hard times.

As they struggle to find new revenue sources, some community banks have latched on to a business line that once was the domain of big banks — mortgage warehouse lending. Community banker said they like the business due to a lower risk profile and because it's a natural fit with past experience in residential real-estate lending.

Thirty-three Senate Democrats said the Obama administration should "quickly and diligently" analyze industry comments to finalize a plan to help turn foreclosures into rental properties.

Reversing its longtime policy of accepting only American Express Co. cards and its own private-label card at its stores, Neiman Marcus Inc. said Thursday it will also start accepting cards backed by Visa Inc. and MasterCard Inc.

Alliance Data Systems Corp. said Thursday that it has signed a new long-term agreement to issue private-label credit cards on behalf of women's clothing retailer Christopher & Banks Inc.