Prosperity Bancshares Inc. in Houston reported on Friday third-quarter income of $36.4 million, up about 13% from the same period a year earlier, due to strong loan growth and a decline in problem assets.

Third-party processors like Total System Services Inc. and First Data Corp., who help run credit card systems for banks, are anticipating new business from the renewed activity in the credit card M&A market.

Jack Barnes, the president and chief executive at People's United Bank in Bridgeport, Conn., said Thursday that $28 billion-asset has submitted an application to the OCC to switch from a federally chartered thrift to a national bank as part of a broader plan to bulk up in commercial lending.

As Occupy Wall Street gains national attention bashing bankers, it's giving a free ride to the 'Other 99%' who enjoy the perks of a nation living beyond its means.

Heitkamp to chair vocal Texas bank group, following in his father's footsteps.

Glacier Bancorp Inc. in Kalispell, Mont., said late Thursday that it intends to take a goodwill impairment charge of between $30 million and $35 million in the third quarter to reflect the recent decline in its market value.

SunTrust Banks Inc.'s third-quarter earnings rose 41%, as the regional bank increased its loans portfolio and shrank the amount it set aside to cover weaker loans.

Federal Reserve officials are considering a new program of buying mortgage-backed securities to boost the ailing economy, though they appear unlikely to move swiftly in this direction.

Wells Fargo & Co., the biggest U.S. home lender, may post higher profits in the U.S. mortgage market as rivals flee from angry homeowners, more powerful regulators and billions of dollars in losses.

BINGHAMTON, N.Y. – Horizons FCU has signed with Manley’s Mighty Mart to offer credit union members access to the convenience chain’s 23 ATMs.

Was the Fed trying to convince itself foreclosure isn’t that bad? Would they roll out the pie charts and PowerPoint presentations to convince the rest of the financial community, Congress and the like, that homeowners don’t have to fear deterioration of lifestyle, maybe just a bit of downsizing?

Sandy Spring Bancorp Inc. in Olney, Md., said Thursday that its net income rose almost 33% from a year earlier, to $11.3 million.

Memphis bank's Jordan discusses how he will balance the two roles starting Jan. 1, distinguishes First Horizon's new debit fees from Bank of America's and sets sights on possible deals.

Simmons First National Corp. in Pine Bluff, Ark., said Thursday that its third-quarter earnings fell 4% from a year earlier, to $7.3 million, due primarily to sharp drop in income from from the sale of student loans.

Taylor reported third-quarter earnings of $7.3 million following three quarters of losses. CEO Mark Hoppe said the company's credit costs are down and all of its growth engines are up and running.

Equifax is expanding the availability of technology it's developed to aid mortgage investors analyzing whole loan portfolios before and after they're purchased.

Silicon Valley Bank said Thursday that it has received a key approval from a Chinese regulator to establish a joint venture bank in Shanghai.

Community banks must be as mindful of operational risk as their larger brethren. That was the message delivered at this year's Risk Management Association annual conference by Rick Parsons, who retired in August as an operational risk executive at Bank of America Corp.