Discover Financial Services' stock price fell as much as 3% on Friday after the company disclosed that the Federal Deposit Insurance Corp. is reviewing its marketing of payment protection and other fee-based products.

Glen A. Messina is the new chief operating officer at PHH Corp. in Mount Laurel, N.J., where he will oversee, among other things, the operations of PHH Mortgage.

Private National Mortgage Acceptance Corp. plans to make a big splash in warehouse lending and late last week unveiled the leader of the effort: Paul Szymanski, once a top warehouse executive at the No. 1 player in that niche, Bank of America.

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El Paso offers a microcosm of the banking industry, showing how banks operating side by side can diverge dramatically based on daily choices.

President Obama announced Friday he intends to nominate Federal Deposit Insurance Corp. director Tom Curry, a former state regulator, for the top job at the Office of the Comptroller of the Currency.

Raymond James Bank in St. Petersburg, Fla., is acquiring a $650 million loan portfolio from Allied Irish Bank's Canadian operation in Toronto.

American Express Co. is expanding its prepaid payments business through a partnership with CardSmith LLC, which develops and manages campus ID card programs for colleges.

The bank on Friday said it was extending premier checking account benefits typically reserved for its elite customers to active-duty members of the armed forces, along with members of the National Guard and reserves.

Warehouse credit for nonbank borrowers is probably the most plentiful it's been since the financial markets crashed three years ago, as banks large and small have waded into the sector.

ECB Bancorp Inc. in Englehard, N.C., is planning to raise $75 million in a private stock offering and intends to use a portion of the funds to exit the Treasury Department's Troubled Asset Relief Program.

Park National in Newark, Ohio, will take a higher-than-expected provision for loan losses in the second quarter due to continued credit problems at its Florida banking subsidiary.

The Bank of Kentucky Corp. in Crestview Hills announced Friday a deal to acquire the operations of United Kentucky Bank of Pendleton County Inc.

The Bank of Kentucky Corp. in Crestview Hills announced Friday a deal to acquire the operations of United Kentucky Bank of Pendleton County Inc.

ECB Bancorp Inc. in Englehard, N.C., is planning to raise $75 million in a private stock offering and intends to use a portion of the funds to exit the Treasury Department's Troubled Asset Relief Program.

Park National Corp. in Newark, Ohio, will take a higher-than-expected provision for loan losses in the second quarter due to continued credit problems at its Florida banking subsidiary.

People who repeatedly overdraw their accounts are very profitable, but Rusty Cloutier, CEO of Midsouth Bank i Lafayette, La., isn't so sure what's good for his bank is necessarily good for these customers.

Payday lenders seemingly have few friends in high places, but they recently found sympathy from a surprising source: an economist at the Kansas City Fed.

A dearth of relationships with the underbanked has perpetuated the shortage of insight into how low-income consumers manage their finances. Enter the U.S. Financial Diaries.