Don Gibson's $560 million-asset bank has been so profitable for years that he joins Jamie Dimon and John Stumpf on KBW's new honor roll for profitable banks.

The Consumer Financial Protection Bureau Thursday unveiled an interactive database with answers to consumers' frequently asked questions about financial products.

Beneficial Mutual Bancorp gained a 25% stake in Liberty Bell Bank after its former chairman Michael Kwasnik defaulted on a loan. Kwasnik had used the stake in recent years to stymie Liberty Bell while trying to take over the bank.

Unsuccessful in its bid to raise capital and recently ordered by regulators to bolster its loan-loss allowance, Fidelity Bank in Dearborn, Mich., is now critically undercapitalized and has told investors that is in danger of failing.

Over the last week Bank of America angered the groupies of Francesca Lia Block, a prolific young-adult author who wants to modify the loan on her L.A. home — and took more heat for the guy it killed (on paper).

The $25 billion mortgage settlement and other government aid programs for troubled homeowners, including Harp 2.0, are forcing cost-cutting banks into a tricky balancing act.

BankAtlantic Bancorp Inc. (BBX) of Fort Lauderdale, Fla., said Thursday that it has canceled plans for a potential capital raise after reaching a new deal to sell its thrift to BB&T Corp. (BBT)

BancTrust Financial Group Inc. (BTFG) in Mobile, Ala., has put itself up for sale after its bid to raise capital from two private-equity groups fell through.

FHFA's watchdog said during housing bubble Fannie Mae frequently made "variances" to its own lending standards, which hurt the quality of its portfolio.

Directors at HarborOne CU, New England's second largest credit union, voted unanimously last night to put the issue of whether to convert to a state chartered cooperative savings bank to the credit union giant's 180,000 members.

CFPB chief says while agency was charged with writing regulations for everyone, situations exist when an institution's size should be taken into account.

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Commerce in Worcester, Mass., has agreed to buy the parent of Mercantile Bank & Trust Co. in Boston for $26.5 million in cash.

NEW YORK — Lower late payments and increased card use helped Discover Financial Services (DFS) post a 36% increase in fiscal first-quarter profit to beat analysts' estimates.

In the depths of the financial crisis, the FDIC under Chairman Sheila Bair extended 100% insurance coverage to non-deposit transactions balances of all banks. Known as the Transaction Account Guarantee program, this extraordinary extension of FDIC insurance coverage to all transaction balances was a good idea at the time, but should be allowed to expire at the end of the year.

The Obama administration wants the agency to give more consideration of tool meant to help troubled borrowers keep their homes.

Discover Financial Services is partnering with the operator of Puerto Rico's ATM and debit network, as part of its ongoing efforts to increase acceptance abroad by teaming up with local networks.

Moving toward fully electronic payments is a matter of public health and social justice, according to author David Wolman.

PSB Bancorp in Wisconsin is requiring Marathon State Bank to pay out a special dividend before the deal closes. While unusual now, the move harkens back to a pre-crisis tactic that existed when capital wasn't a concern.

The state of Hawaii is considering using federal stimulus money to create a "clean economy bank" that would make low-interest rate loans to clean energy companies.