A federal court has halted an online operation that allegedly debited consumers’ bank accounts without their consent when consumers visited the defendants’ Web sites seeking payday loans.

OmniAmerican Bancorp Inc. in Fort Worth, Tex., said Monday that its net income for the second quarter more than doubled from a year earlier, to $1.2 million, due largely to lower deposit costs and 20% increase in interest-earning assets.

PNC Chief Rohr has "no interest" in Regions or SunTrust after RBC deal, Stifel Nicolaus analyst says.

The Federal Deposit Insurance Corp. has ordered three community banks hobbled by losses on real estate loans to raise fresh capital or merge with other banks.

Discover Financial Services' strategy to diversify beyond credit cards suffered a setback as the lender's deal to buy $1.1 billion in banking deposits from Allstate Corp. has fallen through.

The paper quotes First Niagara CEO John Koelmel as saying it will eventually have to do a capital raise to support the larger balance sheet. Antitrust issues may also arise, FT says.

HSBC, which has been scaling back its U.S. operations, struck a deal to sell 195 retail banking branches to First Niagara Financial for $1 billion in cash, the companies said Sunday.

REDWOOD CITY, Calif. – San Mateo CU last week said it will open a new branch in low income East Palo Alto this fall in the space formerly occupied by California Bank & Trust.

Wall Street banks including Morgan Stanley and Deutsche Bank AG slammed Standard & Poor's decision to suspend ratings on commercial mortgage bonds after finding a flaw in the review process.

Battered by loan troubles, Princeton National Bancorp Inc. Illinois announced after markets closed Friday that it lost $2.9 million, or 88 cents per share, in the quarter that ended June 30.

Fannie Mae on Friday suspended Republic Mortgage Insurance Co. as an approved MI to the GSE and took the added step of suspending a subsidiary that RMIC planned to write all new business through come September 1.

Integra Bank in Evansville, Ind., was closed by the Office of the Comptroller of the Currency, after fighting to survive for nearly two years.

After ripping off 11 straight quarters of losses, the Blairsville, Ga., company reported a second-period profit last week. That turned heads.

BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., is heading west to try to drum up interest in its stock.

West Coast Bancorp in Lake Oswego, Ore., reported a profit of $4.6 million in the second quarter, a vast improvement over the same period last year, but a bit of a letdown when compared with this year's first quarter.

Growth rates have approached levels observed during the onset of the financial crisis in 2008.

The average price of existing homes in the Houston area reached a record $228,650 in June, according to the local real estate group, as the number of transactions increased for the first time since January.

The U.S. homeownership rate fell by less than half-a-point in the second quarter to 65.9% as foreclosures accelerated and consumers put off buying homes because of fears about prices and the economy.

The nation's mortgage insurance firms wrote $4.8 billion of primary new business in June, the sector's best month of the year, excluding January, according to new figures compiled by an industry trade group.

PHH Corp., the nation's fifth largest residential funder, lost $41 million in the second quarter as the fair value of its mortgage servicing rights declined by $117 million during the period.