In an article published by Education & The Workforce Committee, Rep. Virginia Foxx, R-N.C., argues that the nation needs to move closer to addressing soaring student loan debt and the overall cost of higher education.

Credit card debt rose in the second quarter, indicating that household debt could again become an unbearable burden for consumers, according to a recent report.

Private-equity firms, as investor-driven organizations, have an obligation to consider cashing out when top-performing bank stocks are doing well, according to James Lockhart, vice chairman and W.L. Ross & Co.

The American Association of Bank Directors recently hired policy veteran Rich Whiting as executive director, and he immediately helped weigh in on some new OCC standards that concerned the trade group.

Ben Franklin Financial in Arlington Heights, Ill., is the latest mutual to announce plans for a second-step conversions.

The head of the Independent Community Bankers of America says the government has gone too far demanding banks act like law enforcement.

The Consumer Bankers Association frequently tangles with the Consumer Financial Protection Bureau, but its new chief Tim Wennes struck a more conciliatory tone in an interview. Rules that promote transparency and consumer understanding are good, but consumer choice has to be preserved, he said.

Wilmington Trust Co., a unit of M&T Bank Corp. (MTB), agreed to pay $18.5 million to settle U.S. regulatory claims that the bank failed to report construction loans that weren't being repaid.

The Bill and Melinda Gates Foundation will provide $100,000 to organizations that promote the use of digital payments for the poor.

Interest in a market for buying and selling nonguaranteed portions of SBA loans is slowly taking shape as a need for earning assets outweighs concerns over risk and underwriting costs.

No Debts for Vets campaign supports military men and women suffering from financial hardships.

Microbranches have their merits — but banks should be aware that changes in technology and customer preferences could render them obsolete.

A TV reality show cast member, who pleaded created two phony collection agencies to steal millions from consumers and financial institutions, turned himself in Thursday - a day late - to begin an eight-year prison sentence.

Brookline Bancorp in Boston plans to raise $75 million by issuing debt.

If anybody deserves to tell a "Gee, my arms are tired" joke, it's Bob Barnes of Mainstreet Community Bank of Florida, who spent the month of August doing push-ups to raise money for a community group that provides food and shelter for people in need.

First Citizens Banc in Sandusky, Ohio, has agreed to buy TCNB Financial in Dayton, Ohio.

Citizens Financial Group in Providence, R.I., is expanding its banking unit that focuses on the technology sector.

Until we know without doubt with whom we are transacting, the legacy payment networks cannot be made secure for Internet-sourced electronic payments.

New York City Mayor Bill de Blasio has appointed Minerva Tantoco, a former executive at UBS and Bank of America, as the city's chief technology officer.

Cape Bancorp in Cape May Courthouse, N.J., has agreed to buy Colonial Financial Services in Vineland, N.J.