Fewer loan losses and higher fee income helped Carver Bancorp (CARV) in New York narrow its loss in the company’s fiscal second quarter.

Commercial and multifamily mortgage originations fell in the third quarter from a year earlier because of less lending for retail and office properties.

U.S. Bancorp is beefing up its business that administers funds on behalf of investment managers with a deal to buy AIS Fund Administration, a provider of administration services for hedge funds.

Consumers who travel with debit or credit cards have no obligation to report their bank account balances or the size of their credit lines. Certainly those who rely on prepaid cards to access financial services should be entitled to the same rights.

Howard Bluver, the chief executive of Suffolk Bancorp (SUBK), wasted little time in delivering on his promise to diversify its balance sheet.

Centrue Financial narrowed its losses despite the deterioration of three problems loans in the third quarter.

SAN ANTONIO, Texas -- Air Force FCU has opened a new branch in Schertz, near the Joint Base San Antonio.

State and federal banking regulators encouraged the merger deal between Crescent State Bank and VantageSouth for safety and soundness and other reasons, a proxy filing says.

A new service from Citi will scour the Web during the weeks after a customer makes a credit-card purchase — and provide a refund if it finds a price that's at least $25 lower.

The agency's annual independent actuarial report is expected to show that its capital reserves have been depleted by rising levels of defaults. FHA could shore up its finances by increasing its enforcement against banks and other lenders, but it may also need to tap the Treasury for the first time in its history.

Mortgage servicers are making a push to remind homeowners who may be facing foreclosure they have roughly 48 days to request independent reviews.

Bank of America Corp.'s commercial customers are already reacting to the "fiscal cliff" that looms over the U.S. budget by putting off purchases, Chief Executive Officer Brian T. Moynihan said.

Companies that are proactive about intentionally harvesting as many diverse viewpoints as possible can inherently derive innovation out of inclusion.

Great Southern Bancorp in Springfield, Mo., is bucking an industry trend toward fee-based lines of business in agreeing to sell its insurance and travel units.

First York Ban Corp in York, Neb., has agreed to acquire Glenvil Cooperative Credit Union, in a rare acquisition of a credit union by a bank.

CIT Group (CIT) in Livingston, N.J., has launched a unit that will originate and underwrite financing for seafaring vessels.

Lawsuits that charge Goldman Sachs (GD) and Deutsche Bank (DB) with misleading mortgage investors may proceed, a federal judge in Manhattan has ruled.

United Community Financial's (UCFC) third-quarter loss tripled from last year after a $33 million charge related to a bulk loan sale. The Youngstown, Ohio, company reported a loss of $26.9 million, compared with an $8.9 million loss a year earlier.

President Obama's reelection has given his administration a "do-over" opportunity in housing.

Bank of America is launching Mobile Pay on Demand through Bank of America Merchant Services, its Atlanta-based joint venture with First Data. We look at how this stacks up against similar mobile payment offerings out there.