Most banks design mobile sites as shrunken versions of online banking. Citigroup Inc.'s new website instead takes the lessons of mobile and blows them up for a bigger screen.

Citigroup, which last week touted its promise not to charge customers for using their debit cards, is telling some checking customers that it will start charging them $15 per month unless they maintain a balance of at least $6,000.

SAN DIEGO – Point Loma CU last week said it is closing its branch in San Marcos because of underperformance.

TULSA, Okla. – Tinker FCU has acquired a retail bank branch that had been operated by Bank of America.

SAN JOSE, Calif. – Technology CU opened a new branch in nearby Palo Alto Saturday.

The payment processor Planet Payment Inc. is delaying the release of its financial results for the first half of 2011 as it considers a change in the way it will report future revenue.

A wider availability of smartphones combined with more contactless acceptance at merchant locations should generate some $71 billion in near field communication mobile payments worldwide by 2015, research suggests.

After more than a year without a permanent leader, DCB Financial Corp in Lewis Center, Ohio, has named a former Huntington Bancshares Inc. executive, Ronald J. Seiffert, president and chief executive.

WASHINGTON — First International Bank in Plano, Texas, became the year's 74th failed institution late Friday.

Consumers could save upwards of $63 billion a year if Fannie Mae and Freddie Mac participate in a workable refinancing program for underwater borrowers, according to Moody's Investors Service.

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B. Riley & Co. analyst Rich Eckert thinks the government "should get out of the way" of the housing market, and discussing the potential effects of mortgage refinancing programs.

California Attorney General Kamala D. Harris pulled out Friday of state and U.S. efforts to negotiate an end to the government's investigation of alleged foreclosure abuses, calling the proposed settlement "inadequate for California homeowners."

Baltimore County Savings Bank in Baltimore said Friday that it had converted from a federally chartered stock savings bank to a Maryland-chartered commercial bank.

A Virginia mortgage lender has agreed to pay $140,000 in compensation and revise its pricing policies to settle a lawsuit alleging that it discriminated against minority borrowers, the Justice Department said Friday.

The HUD inspector general wants the Federal Housing Administration to ban corporate officers from the FHA program if they have left a company that has not met its obligations to indemnify the government for delinquent loans.

In retail banking, we look for trends: the branch of the future; the winning mobile banking platform; prepaid cards. It's harmless fun.

U.S. banks have seen delinquency rates declining for credit card borrowers in recent months, but a growing number of bankers believe that trend is going to change.

Hypercom USA announced Friday that it has changed its corporate name to Equinox Payments LLC.