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Royal Bancshares of Pennsylvania in Narberth has agreed to purchase a branch in Delaware County, Pa., from First CornerStone Bank.

Discover Financial Services will exit the residential mortgage-origination business that it acquired in 2012.

The macro-level decline in branches belies a much more nuanced reality — many banks below the top tier are actively scaling up and advances in branch technology are achieving deep penetration in the industry.

The Federal Deposit Insurance Corp. is set to revamp deposit insurance premiums to make them more risk-sensitive, targeting areas that caused institutions to fail during the financial crisis.

Beneficial Bancorp in Philadelphia has hired a former Susquehanna Bank executive as a consultant.

More than a year after the CFPB revamped its employee rating system following allegations of discrimination, Equal Employment Opportunity complaints have surged and the agency faces ongoing accusations of bias and retaliation against workers who speak out.

Discover Financial Services is closing its mortgage-origination business and will offer severance packages to about 460 employees.

A new Fifth Third social media campaign offers recent college graduates free one-on-one career counseling. The initiative is part of a trend of banks allocating marketing dollars to unusual perks and charitable giving to differentiate their brands.

Redwood Credit Union recently earned the highest mark on Glatt Consulting's Credit Union Industry HealthScore.

Six months after rolling out new collection rules requiring collectors to - among several measures - produce loan documents or a court judgment upon request, New York regulators on Tuesday released more guidance.