CLIFTON PARK, N.Y. – Cap Com FCU has signed a contract with the Shen Board of Education to open a branch inside the Shenendehowa High School East next fall.

Bank Mutual (BKMU) in Milwaukee reported an increase in fourth-quarter earnings because of loan sales and service fees.

The Bureau's rules add incrementally to a previous mandate in the mortgage servicing settlement, but leave other regulators to sort out the controversy over the insurance for troubled homeowners.

National Mortgage Insurance Co., a new company based in Emeryville, Calif., announced Thursday that Fannie and Freddie have granted it approval as an eligible mortgage insurer.

American Express, which announced 5,400 layoffs last week, said that earnings declined in the fourth quarter in all but one of its business segments.

A rise in fees and loans propelled People's United Financial in the fourth quarter. The $30.3 billion-asset company said Thursday that earnings rose 44% from a year earlier, to $61.2 million.

The Consumer Financial Protection Bureau's new mortgage servicing rules may force some servicers to exit the business altogether or simply outsource servicing of defaulted loans to third-parties, experts said Thursday.

Capital One blames lower revenue, higher costs and margin trends for earnings that fell short of analysts' expectations in the fourth quarter.

Tighter margins. Anxious commercial customers. Fresh memories of bad risks taken. These are a few of the limitations acting on Fifth Third, BB&T, PNC and other regional banks as they try to improve on progress made last year.

A group's plan to open a de novo bank in southeastern Pennsylvania could open the door for more bank charters.

Southcoast Financial Corp. (SOCB) in Mt. Pleasant, S.C., swung to a profit in the fourth quarter thanks to improvements to its loan portfolio and a lower cost of funds.

Piggyback litigation often follows regulatory actions, and the laws under the CFPB's jurisdiction all but invite follow-on private lawsuits. A huge number of companies may be exposed.

Citigroup's disappointing fourth-quarter report included an unexpected $500 million legal reserve related to its U.S. consumer businesses, as the CFPB reviews the bank's card products.

The fast-growing Berkshire Bank in Pittsfield, Mass., hopes that features like community rooms with video-game systems will attract customers as it enters new markets.

Westamerica Bancorp. (WABC) in San Rafael, Calif., reported lower quarterly earnings as low interest rates and competition took a bite out of its bottom line.

Bank of America laid more of its mortgage demons to rest, and reported strong earnings from global banking and wealth management.

The Consumer Financial Protection Bureau was set to unleash an additional series of rules Thursday dictating how mortgage servicers interact with homeowners. The mandates are likely to come as highly unwelcome news to the industry.

A dissident investor has swapped out its candidate to join the board of First Financial Northwest (FFNW) in Renton, Wash.

More than six years after the onset of the worst U.S. real estate slump, Florida had the biggest increase in home seizures last year and the highest foreclosure rate, RealtyTrac said.

Bank of the Ozarks (OZRK) of Little Rock, Ark., posted a fourth-quarter profit gain despite sliding interest income, thanks in part to an acquisition that closed late in the year.