As of Thursday morning, the average weekly rate for a 30-year fixed-rate loan had fallen 17 basis points, to 4.15%, while the average 15-year rate had dropped 14 bps, to 3.36%.

Citigroup Inc. and Bank of America Corp. closed some of their card customers' accounts this week, citing data breaches at unidentified retailers. It was not immediately clear if both banks' customers were affected by a security failure at the same merchant.

In a rare Thursday failure, regulators shut a small Pennsylvania bank that serves the Orthodox Jewish community.

Great Southern Bancorp Inc. of Springfield, Mo., has received $57.9 million from the Treasury Department's Small Business Lending Fund and will use the proceeds to exit the Troubled Asset Relief Program.

Traditionally, objections to a merger deal are primarily fought over Community Reinvestment Act and consumer protection concerns. But the Massachusetts Democrat raised a new concern by citing fears on the size of the combined bank.

Citigroup partnered with Best Buy to debut an app that allows Citi customers to use their rewards points for purchases at Best Buy's stores and website.

Citigroup Inc. has renewed its long-running credit card partnership with Shell Oil Products US, in the latest sign that the bank may retain its $45 billion retail partner card unit instead of continuing to search for a buyer.

The decline in consumer credit has contributed to a decline in bankruptcy filings and the amount of debt discharged through them, helping to reduce chargeoff rates.

The screen-card maker Dynamics is improving its production capabilities through the purchase of a facility in Pittsburgh, Pa. Dynamics makes cards with digital screens and rewritable magnetic stripes

The banking crisis in Georgia has spread to the state capital, as several lawmakers, including the governor, have personal ties to some of the state’s failed banks.

Meridian Bank is finally making money again after three years of heavy losses.

A high proportion of business owners took out toxic mortgages on their homes, new data shows. Now in default, they can't access credit just as their firms' sales are tanking.

Bank of America has tapped Ron Sturzenegger to oversee the unit responsible for cleaning up the bank's mortgage mess, replacing Terry Laughlin, who recently moved to the role of chief risk officer.

Hampton Roads Bankshares Inc. in Norfolk, Va., announced Thursday that its president and chief executive officer, John A.B. "Andy" Davies has resigned to return to his management consulting practice.

Under pressure from its largest shareholder to beef up its capital base, Polonia Bancorp in Huntingdon Valley, Pa., has announced that it is planning to become a 100% stock-owned company.

WASHINGTON — Lending to small businesses in the U.S. declined last year as the economy struggled to recover from recession and access to credit only started to show signs of improvement, regulators said Thursday.

Former top executives at LaSalle Bank are looking to start a bank that would acquire the assets and deposits of failed banks in and around Chicago.

U.S. Bancorp vice chairman Rick Hartnack said he was "dumbfounded" about the lack of common sense some loan officers at other banks showed in their mistreatment of military customers.

Credit card customers are the most satisfied they've been since the financial crisis, according to an annual survey that partly credits a government crackdown on industry practices.

American Express once again beat out its top competitors in J.D. Power's annual ranking of U.S. credit card customer satisfaction, followed closely by Discover, but Citigroup, Bank of America and HSBC still have room to improve.