Astoria Financial in Lake Success, N.Y., has hired former KeyCorp executive Hugh Donlon to be its chief lending officer.

The company attempted to claim tribal jurisdiction to avoid enforcement action.

OneMain Financial, Citigroup's consumer-lending arm, filed for a $50 million initial public offering in the U.S.

Americans showed more caution in taking on non-mortgage debt in August, according to the latest consumer borrowing report from the Federal Reserve.

Congress should amend the bankruptcy code to permit borrowers to discharge student loan debt if their net monthly income is insufficient.

The trade group said late Tuesday that Peter Gwaltney will succeed Thad Woodard on Jan. 2. Woodard is retiring after spending 37 years in various capacities at the association.

Current college attendees are carrying between $22,000 and $25,000 in student-loan debt, according to a report issued Tuesday by Citizens Financial Group.

Dominik Mjartan, the new head of a bank-affiliated community development financial institution in Arkansas, identifies with his underbanked customers who want to realize the American Dream.

Small-business loan approvals from large banks reached a post-crisis high in September, according to a Biz2Credit study.

Blockchain Ltd., which runs the world’s most popular wallet for storing bitcoins, raised more than $30 million in its first outside round of funding.

The institutionalization of peer lending is pulling banks into more competitive bidding for loans as originators expand into newer and untested asset classes, such as online real estate loans.

The banking associations in Virginia and West Virginia have, for now, called off discussion about creating a single trade group.

Deposits surged despite all the challenges in banking, according to the FDIC's latest Summary of Deposits. However, underneath that upbeat number are a lot banks and thrifts that are suffering and a few that are capitalizing on the chaos. Here is a slideshow with the highlights and lowlights.

While year-to-date auto loan growth rates have slowed compared to last year, totals for new credit and the number of new loans originated for auto purchases are at record highest, according to a new report.

A sweepstakes operator that took millions of dollars from consumers throughout the U.S. and dozens of other countries - including Canada, the United Kingdom, France and Japan - is banned from the prize promotion business under a settlement with the Federal Trade Commission.

The gradual improvement in Americans' financial situations has led to a record low level of delinquency rates.

For the first time since December, banks appear to be holding the line when negotiating rates on consumer and commercial loans. The tradeoff, however, has been decelerated loan growth.

The order is part of a settlement with the company's owner in an unrelated fraudulent payment processing case.

A gradual improvement in consumers' financial situations has led to even lower delinquency rates in several consumer lending categories, the ABA said in its latest quarterly survey.

Cardtronics, a Houston-based ATM, has completed its acquisition of Welch ATM, a Peoria, Ill.-based provider of retail ATM services.