The Federal Reserve on Tuesday announced a written agreement with Pinnacle Bank Holding Co. in Orange City, Fla.

Senate Banking Committee hosts academics for reprise of familiar debate over role of government.

The chief executive at Texas Capital Bancshares Inc. says that regional banks like his are losing potential commercial loan business to deposit-rich larger banks that are undercutting them on rates and offering more favorable terms.

American Express plans to continue forging partnerships with retailers and other companies to expand use of its Serve digital payments platform, an executive said Tuesday.

Consumers filed an estimated 400 Fair Debt Collection Practices Act lawsuits in the Aug. 16-31 period, down from 441 filed in the first half of August, according to data from U.S. district courts.

JACKSONVILLE, Fla. – Navy FCU on Monday opened its seventh Jacksonville branch (and 219th overall) at the River City Market Place three miles from Jacksonville International Airport.

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Plans to slash 30,000 jobs, cut $5 billion in costs may buy needed time.

After making five acquisitions in less than three years, People's United Financial Inc. in Bridgeport, Conn., is now turning its attention to slashing overhead and growing its balance sheet more organically.

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Michael Viazzoli, a former Bank of America Corp. executive, has been named president of Bank of Kansas City.

The online payment provider eLayaway said on Monday that it would join the Secure Vault Payments network and offer the service to its customers in the fourth quarter.

In its second-to-last quarter as an independent company, Parkvale Financial Corp. in Monroeville, Pa., reported a a profit of $1.7 for the quarter that ended June 30, compared to a loss of $21.2 million in the same period last year.

Continuing its aggressive expansion in Southern California, upstart Grandpoint Capital Inc. in Los Angeles is planning to buy Regents Bancshares Inc. in La Jolla.

Large banks see capital and premium implications from large deposits that seek full FDIC insurance.

John Allison may have retired as BB&T's CEO in 2008 but he still has strong opinions about the economy and banking industry. In a wide-ranging interview, he projects five years of stagnant growth, mixed results for M&A and 5-10% job cuts in the banking industry.

UniRush, the marketer of the prepaid card RushCard, has hired JPMorgan Chase veteran Rob Rosenblatt to be its chief executive.

Bank of America Corp. said Monday that it would eliminate about 30,000 jobs over the next few years as part of its latest cost-reduction plan.

As part of its investigation leading to recent card-fraud arrests, the U.S. Secret Service Electronic Crimes Task Force revealed some of the latest tactics being used to snag card data to conduct fraudulent transactions.

1st Advantage Federal Credit Union had a problem: Almost no one was clicking on the banner ads it displays to cross-sell products. So it tried a different approach that boosted conversion rates for one product to nearly 10%.