Flagstar, the $14.3 billion-asset company's board Tuesday approved a reverse split of outstanding shares that will give holders of Flagstar common stock prior to Oct. 24 one share for every 10 they own.

Umpqua Bank will open its first retail branch in San Jose early next year as part of its continued expansion in the Bay Area.

Naugatuck Valley Financial in Connecticut has named William C. Calderara its president and chief executive.

U.S banks — with PNC and U.S. Bancorp being only the latest — have been the targets of cyber attacks all week. How can they protect themselves?

First Bancorp in Troy, N.C., has agreed to buy a branch from Four Oaks Fincorp in Rockingham and will also acquire $64 million in deposits and $22 million in loans associated with a branch in Southern Pines.

Discover Financial Services (DFS) earned $621 million for its third quarter ended August 31, 2012, up 3% from the same period year earlier, the company said Thursday.

MidSouth Bancorp (MSL) in Lafayette, La., is expanding northward with an agreement to buy PSB Financial in Many, La., for $39 million.

Mortgage performance at national banks improved slightly in the second quarter, and seriously delinquent loans were at their lowest level in three years, the OCC said Thursday.

TAMPA, Fla. – Suncoast Schools FCU has opened four middle and elementary in-school branches in Hillsborough, Citrus and Collier counties, including FishHawk Creek Elementary School in Lithia.

Taylor Capital (TAYC) will take a $3.7 million charge for the third quarter after its bank decided to extinguish some of its outstanding debt.

Both PNC and U.S. Bancorp said Wednesday that customers encountered delays when trying to bank online, bringing to at least five the number of banks that have experienced Internet slowdowns since a cyber-threat against American banks emerged last week.

Wells Fargo, one of the banking companies that has settled charges of mistreating military customers, has created a new military services program and promoted Maj. Jerry Quinn to lead it.

West Coast Bancorp's pending $506 million sale to Columbia Banking System could serve as a green light for private equity firms itching to cash out of post-crisis bank investments.

Banks can retain loyalty while changing their checking account fee structures by personalizing their service practices, continually improving upon the customer's experience and leveraging data generated by their call centers.

While criticizing big bank bailouts, the former FDIC chairman highlights instances where small firms — including United Commercial Bank and ShoreBank — were closed even with alternatives available.

Flagstar Bancorp (FBC) in Troy, Mich. must stand trial over charges it breached contracts for financial guaranty insurance on roughly $1 billion in residential mortgage-backed securities it issued during the run-up to the financial crisis.

Interchange has become an ever-more important foundation for credit card lenders as loan portfolios tread water. This interactive graphic shows revenue yields and transaction volume data for large issuers.

WASHINGTON — Zions Bancorp., the largest bank remaining in the Troubled Asset Relief Program, repaid the last of its government funds to exit the program Wednesday, the Treasury Department announced.

Joe Smith, the monitor of the $25 billion mortgage settlement, talks about whether the five largest servicers will be ready when they report on their progress next week.

Both TD Bank (TD) and Scotiabank (BNS) may be among more than 15 bidders for the non-U.S. operations of Ally Financial, Reuters reported late Tuesday.