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First Community Bancshares, of Bluefield, Va., increased its profits slightly as legal costs and losses and expenses from selling foreclosed real estate declined.

Bank branches are continuing to lose their luster as consumers rely on online and mobile channels, according to a new report.

Regions Financial will pay a $7.5 million fine after the Consumer Financial Protection Bureau said it charged consumers illegal overdraft fees on checking and payday-loan-like accounts.

Tom Swidarski, former Diebold CEO, has made a sizable investment in the bank technology equipment and services provider Bancsource, the company announced Tuesday.

Banks should place a premium on employees who hold themselves to high standards, care about a greater cause and understand their role’s relationship with the broader organization.

Student advocates and lawmakers are renewing calls for loan forgiveness after Corinthian Colleges’ announcement Sunday that it will close its remaining campuses.

Debt sales are broken. Brokers, buyers and sellers offer books of debt that may be double- or triple-sold, lack documentation, or even be illegally originated.

DENVER — CU veteran Todd Marksberry is set to replace Dave Maus as CEO of Public Service CU here, when Maus retires later this year after 36 years at the $1.5 billion CU.

Bank of America is being investigated by the Securities and Exchange Commission over whether the lender broke rules designed to safeguard customer accounts, according to the Wall Street Journal.

The CFPB is purging the dark corners of debt collection and buying. It's a revolution that's been a long time coming.